The first episode features the President and CEO of the PCA, Michael Ireland. He explains the life cycle cost analysis (LCCA) approach to planning infrastructure projects, making the case for why this tool will stretch federal investment dollars.
“It is taking a look at a way to make sure the money you are spending is spent wisely,” said Ireland. “That is why we encourage LCCA. We are not telling you what product essentially is going to be picked or endorsing one particular product over another – the actual engineering tool does that. There are going to be places where one product is better than another product and perhaps both products are used on different parts of the system. It is fair, it is engineering, and it is science.”
