Impacts of Determining Economic Life of Large-Scale Infrastructure Projects on Their Economic Effectiveness

dc.contributor.authorKorytárová, Janacs
dc.contributor.authorHromádka, Vítcs
dc.contributor.authorFederla, Jakubcs
dc.coverage.issue1cs
dc.coverage.volume8cs
dc.date.accessioned2022-05-03T10:54:46Z
dc.date.available2022-05-03T10:54:46Z
dc.date.issued2022-05-02cs
dc.description.abstractThe paper deals with the refinement of the Cost-Benefit Analysis methodological procedure for the assessment of the economic effectiveness of large-scale transport infrastructure projects. The basic input is economic Cash Flow which consists of investment costs, operating income, operating expenses, societal benefits, and harms as well as the investment residual value. According to the methodological guidelines, the currently evaluated project period is considered to be 30 years including the investment phase starting in the first year of the construction, the relevant part of the operational phase, and the residual value of the project in the last year of the assessed period. The evaluation of the economic effectiveness of projects is largely influenced by the determination of the construction economic life. A procedure for calculating the residual value of the project while respecting the gradual implementation of partial constructions was established as part of the research. A case study based on the research sample of several investment construction projects of the highway sections in the Czech Republic demonstrates how this methodological procedure affects the economic effectiveness of the project.en
dc.formattextcs
dc.format.extent1-6cs
dc.format.mimetypeapplication/pdfcs
dc.identifier.citationFrontiers in Built Environment. 2022, vol. 8, issue 1, p. 1-6.en
dc.identifier.doi10.3389/fbuil.2022.908300cs
dc.identifier.issn2297-3362cs
dc.identifier.other177689cs
dc.identifier.urihttp://hdl.handle.net/11012/204166
dc.language.isoencs
dc.publisherFrontiers Media SAcs
dc.relation.ispartofFrontiers in Built Environmentcs
dc.relation.urihttps://www.frontiersin.org/articles/10.3389/fbuil.2022.908300/full?&utm_source=Email_to_authors_&utm_medium=Email&utm_content=T1_11.5e1_author&utm_campaign=Email_publication&field=&journalName=Frontiers_in_Built_Environment&id=908300cs
dc.rightsCreative Commons Attribution 4.0 Internationalcs
dc.rights.accessopenAccesscs
dc.rights.sherpahttp://www.sherpa.ac.uk/romeo/issn/2297-3362/cs
dc.rights.urihttp://creativecommons.org/licenses/by/4.0/cs
dc.subjectEconomic Life-Cycleen
dc.subjectInfrastructure Projectsen
dc.subjectEconomic Effectivenessen
dc.titleImpacts of Determining Economic Life of Large-Scale Infrastructure Projects on Their Economic Effectivenessen
dc.type.driverarticleen
dc.type.statusPeer-revieweden
dc.type.versionpublishedVersionen
sync.item.dbidVAV-177689en
sync.item.dbtypeVAVen
sync.item.insts2023.02.07 16:56:36en
sync.item.modts2023.02.07 16:15:38en
thesis.grantorVysoké učení technické v Brně. Fakulta stavební. Ústav stavební ekonomiky a řízenícs
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