Whole-Life Cost Analysis
Assessing the lifetime cost of scheme design
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iROADS enables you to identify optimum maintenance scheme designs for any given location on your network. This supports optimised maintenance budget spending using data-driven decision-making.
We achieve this by running sophisticated models which consider a huge variety of variables over a long-term analysis period to consider the lifetime of civil assets. This results in clear outputs including the Whole Life Cost of each scheme option and a financial value indicator comparing the initial outlay and the long-term cost. All results are presented in intuitive charts, maps and reports designed to support decision-making and business case justification.
System Requirements
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Identify optimum scheme design
By modelling a comprehensive picture of costs and impacts over the asset lifetime, we produce clear financial value indicators which make it straightforward to compare scheme options and identify the optimum design.
Justify decisions with evidence
iROADS produces objective, data-driven outputs to help justify decisions around scheme design and selection. Sharable reports, graphical outputs and clear metrics help explain decisions to stakeholders of all types.
Multi-variable modelling
The variables used in the WLCA model include: condition data, traffic data, condition deterioration models, road user delay models and costs, treatment costs and effects, road construction materials, and traffic management costs.
In-built scheme design tools
iROADS provides intuitive, map-based and/or graphical interfaces for scheme design, making it easy to create a set of scheme options to model and compare. All relevant information such as condition and traffic data is available at every stage.
Automatic benchmarking
For any scheme analysis, iROADS will automatically run a set of benchmarks following preset (configurable) rules, allowing you to compare scheme designs against a minimum baseline.