mbpc is currently involved in the development of a suite of documents to provide a standard internally acceptable basis of cost comparison and valuation for railway engineering projects. This work covers the following draft documents:-
Rail Method of Measurement suite (RMM suite) – an integrated standard form of elemental cost analysis for railway engineering works, using a sequential method of measurement for works management
The analysis document is supported by an integrated progressive suite of documents covering the progress of a project from inception to the ultimate disposal of the asset; documents forming this suite are:-
From the data gained by the use of this suite, mbpc has commenced development of a database which will form:-
In respect of Life Cycle Costs or railway assets, mbpc carried out research between 1998 and 2005 into the effect on the cost of maintenance brought about by:-
For further details of all of mbpc’s research and development programme, including papers available for download, visit www.michaelbyng.com
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