Life Cycle Cost Analysis for Substation

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Abstract:

Life Cycle Cost of Construction engineering project management is a combination of modern management theory—system theory, cybernetics and information theory combined with the construction project. In this paper, a model of substation life cycle cost is built comprehensively, by making a model for the cost estimating of substation design and construction cost. Meanwhile, the operation loss, operation maintenance cost are analyzed and calculated, the estimate of the retirement costs is carried on. On these basics, analyzes the relationship between the cost, then the numerical example is given ultimately. Eventually, optimal reliability and economical efficiency is achieved.

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2370-2376

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September 2014

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© 2014 Trans Tech Publications Ltd. All Rights Reserved

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