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Risk-based Analysis of Major Rehabilitation of Hydraulic Structures Using REPAIR

by David Moser,



Document Type: Proceeding Paper

Part of: North American Water and Environment Congress & Destructive Water

Abstract:

This poster session presents a demonstration of a computer model developed by the Corps of Engineers to analyze investment proposals. The primary purpose of the model is evaluate investments that enhance the reliability, thereby reducing repairs and outages, and to extend the life of Corps managed Federal water resources investments The model uses basic information on economic costs and engineering reliability to estimate the life cycle cost of a project feature by Monte Carlo simulation. The reduction in these costs provide one of the justifications for major rehabilitation decisions.

Subject Headings: Rehabilitation | Water resources | Hydraulic structures | Computer models | Risk management | Investments | Simulation models

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