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<p>Distribution List Name: FUNDAMENTALS OF LIFE CYCLE COST ANALYSIS</p>
<p>Members:&nbsp; </p>
<p>Abraham, Shaun shabraham@state.pa.us</p>
<p>Backo, George gbacko@state.pa.us</p>
<p>Boland, Judson A jboland@state.pa.us</p>
<p>Culbertson, Timothy tculbertso@state.pa.us</p>
<p>Deibert, Michael (PENNDOT) MIDEIBERT@state.pa.us</p>
<p>Didomenico, Cherie L cdidomenic@state.pa.us</p>
<p>Dipner, William WDIPNER@state.pa.us</p>
<p>Frank Colella FRANCO@COMCAST.NET</p>
<p>Freeman, Joshua T josfreeman@state.pa.us</p>
<p>Gabriel, Deborah degabriel@state.pa.us</p>
<p>Gary Hoffman PAPA@PAHOTMIX.ORG</p>
<p>Goehring, Lee lgoehring@state.pa.us</p>
<p>Hussein Waris HUSSEINWARIS@YAHOO.COM</p>
<p>Jagan Gudimettle JAGAN.M.GUDIMETTLE.CTR@DOT.GOV</p>
<p>Krause, Jill jikrause@state.pa.us</p>
<p>Morales, Vicente R vmorales@state.pa.us</p>
<p>Mouser, Adam C amouser@state.pa.us</p>
<p>Nash, Andrea ANASH@state.pa.us</p>
<p>Nulph, Kelly knulph@state.pa.us</p>
<p>Peddicord, Lydia lpeddicord@state.pa.us</p>
<p>Pochatko, Ken kpochatko@state.pa.us</p>
<p>Ramirez, Luis C lramirez@state.pa.us</p>
<p>Sattesahn, Craig csattesahn@state.pa.us</p>
<p>Stoltz, Gerald gstoltz@state.pa.us</p>
<p>Swan, Harold L hswan@state.pa.us</p>
<p>Young, Scott syoung@state.pa.us</p>
<p>Zelesnak, John JZELESNAK@state.pa.us</p>
<p>&nbsp;</p>
<p>&nbsp;</p>


 

Course:

NHI - Fundamentals of Life Cycle Cost Analysis - WEB CONFERENCE

NHI Course Number:

131113

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Course can be found when searching
"By Topic" under these categories:

Maintenance and Operations



Class Schedule


No Offerings Are Currently Scheduled









General Information

Summary:
This is a blended training course that features both two hours of independent study and two, four-hour facilitated Web conferences.
Life-cycle cost analysis (LCCA) is an evaluation technique used to consider certain transportation investment decisions. This course presents the basic terminology, concepts and processes involved in LCCA, and deterministic and probablilistic life-cycle cost analysis. Factors to consider in the calculation of user costs are discussed, including operating conditions, traffic effects, and cost components. Course also covers the role of probability and simulation as it is applied to LCCA. Course provides an understanding of risk, how to quantify it and mitigate its effects; and includes discussion of data preparation, central tendency, variability, Monte Carlo Simulation, and other statistical tools.

Learning Outcomes:
Upon completion of the course, participants will be able to:
• Describe when to apply LCCA
• Explain the difference between initial and life-cycle cost
• Name the "five steps" of LCCA
• List the "four inputs" of an LCCA model
• Name three types of user costs
• Describe two methods used to accommodate uncertainty in LCCA

Teaching Method:
The course is composed of two live Web conference presentations and a Web-based independent study. Between the two Web conference sessions the participant will complete the Web-based independent study module.

Prerequisites:
The Fundamentals of LCCA course assumes proficiency in basic math skills: addition, subtraction, multiplication, division and fractions.
In addition to registering for this course in PennDOT's training system, you must ALSO register for the course on NHI's website. Detailed instructions on the NHI registration process will be provided to all TP registered persons approximately two weeks prior to the first scheduled Web conference.

Target Audience:
Design, maintenance, and materials engineers, finance managers, programming personnel, management systems personnel, planners and materials engineers.

Special Materials:
Each participant must have their own computer and teleconference capability.

Final Exam:
Yes



Continuing Education Credits


National Highway Institute
CEHs
Classes
After
 
CEUs
Classes
After
 
PDHs
Classes
After
 
NHI:
0.60
05/09/11
 

Awarding continuing education credits (PDH/CEU/CEH) to a training course or other training event does not imply or guarantee that the training course/event is approved by the Pennsylvania State Registration Board of Professional Engineers, Geologists and Land Surveyors.

According to Pennsylvania Act 25, “Credit determination for activities…shall be the responsibility of the licensee.  Continuing professional competency obtained by a licensee should maintain, improve or expand skills or knowledge obtained prior to initial licensure, including law and ethics applicable to the profession, or develop new and relevant skills and knowledge.”

For informational purposes only:1 CEU is equal to 10 hours of instruction
1 CEH is equal to 1 hour of instruction



Course Contact Information

                    For technical questions regarding this course, contact the following...
Name:
Richard A Ebeling
Phone:
(717) 705-1552
Fax:
Not available
Email:
rebeling@state.pa.us

                    For general questions about the Training Calendar (such as those regarding schedules,
                    locations, instructors or registrations), see Contact Information in specific classes.
 
Created
Last Modified
By Richard A Ebeling/PennDOT
On 04/01/11 At 09:26 AM
By Kate Kohan/PennDOT
On 05/05/15 At 09:24 AM