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Author: Harry S. Cohen
Publisher:
ISBN: 9780309446761
Category : Cost effectiveness
Languages : en
Pages : 171
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Book Description
Return on Investment in Transportation Asset Management Systems and Practices TRB's National Cooperative Highway Research Program (NCHRP) Research Report 866: Return on Investment in Transportation Asset Management Systems and Practices explores how transportation agencies manage their transportation assets, and provides guidance for evaluating the return on investment for adopting or expanding transportation asset management systems in an agency. As the term is most generally used, transportation asset management (TAM) entails the activities a transportation agency undertakes to develop and maintain the system of facilities and equipment--physical assets such as pavements, bridges, signs, signals, and the like--for which it is responsible. Based on the research team's work and the experiences of these agencies and others, the researchers describe a methodology that an agency may use to assess their own experience and to plan their investments in TAM system development or acquisition. A spreadsheet accompanies the research report helps agencies evaluate the return-on-investment of TAM systems.The tool allows users to summarize data from various simulation tools. The calculator also includes factors and procedures from the Highway Economic Requirements System State Version (HERS-ST) to estimate user benefits for pavement projects. It does not estimate user benefits for bridge projects. -- cf. http://www.trb.org/main/blurbs/177179.aspx.
Author: Harry S. Cohen
Publisher:
ISBN: 9780309446761
Category : Cost effectiveness
Languages : en
Pages : 171
Get Book Here
Book Description
Return on Investment in Transportation Asset Management Systems and Practices TRB's National Cooperative Highway Research Program (NCHRP) Research Report 866: Return on Investment in Transportation Asset Management Systems and Practices explores how transportation agencies manage their transportation assets, and provides guidance for evaluating the return on investment for adopting or expanding transportation asset management systems in an agency. As the term is most generally used, transportation asset management (TAM) entails the activities a transportation agency undertakes to develop and maintain the system of facilities and equipment--physical assets such as pavements, bridges, signs, signals, and the like--for which it is responsible. Based on the research team's work and the experiences of these agencies and others, the researchers describe a methodology that an agency may use to assess their own experience and to plan their investments in TAM system development or acquisition. A spreadsheet accompanies the research report helps agencies evaluate the return-on-investment of TAM systems.The tool allows users to summarize data from various simulation tools. The calculator also includes factors and procedures from the Highway Economic Requirements System State Version (HERS-ST) to estimate user benefits for pavement projects. It does not estimate user benefits for bridge projects. -- cf. http://www.trb.org/main/blurbs/177179.aspx.
Author:
Publisher:
ISBN:
Category : Infrastructure (Economics)
Languages : en
Pages : 20
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Book Description
Transportation Asset Management (TAM) is a strategic approach to maximize the benefits from resources used to operate, expand, and preserve the transportation infrastructure. It takes a long-term perspective of infrastructure performance and cost, and considers investment options in a comprehensive and informed way. TAM integrates the various disciplines related to infrastructure management, including planning, engineering, economics, and budgeting. It is systematic and fact based, and therefore dependent on good information and analytical capabilities. Economic analysis plays a critical role in TAM by facilitating tradeoff analysis, in which the net benefits of competing investment options are compared in terms of their "dollars and cents" impact on the public. Information from the analysis feeds back to planners and engineers, allowing them to identify the most beneficial investments.
Author: Zongzhi Li
Publisher: CRC Press
ISBN: 1482210533
Category : Technology & Engineering
Languages : en
Pages : 761
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Book Description
Transportation asset management delivers efficient and cost-effective investment decisions to support transportation infrastructure and system usage performance measured in economic, social, health, and environmental terms. It can be applied at national, state, and local levels. This distinctive book addresses asset management for multimodal transportation, taking account of system component interdependency, integration, and risk and uncertainty. It sets out rigorous quantitative and qualitative methods for addressing system goals, performance measures, and needs; data collection and management; performance modeling; project evaluation, selection, and trade-off analysis; innovative financing; and institutional issues. It applies as easily to static traffic and time-dependent or dynamic traffic which exists on a more local level. It is written for transportation planners, engineers, and academia, as well as a growing number of graduate students taking transportation asset management courses.
Author: American Association of State Highway and Transportation Officials
Publisher: AASHTO
ISBN: 156051499X
Category : Business & Economics
Languages : en
Pages : 458
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Book Description
Aims to encourage transportation agencies to address strategic questions as they confront the task of managing the surface transportation system. Drawn form both national and international knowledge and experience, it provides guidance to State Department of Transportation (DOT) decision makers, as well as county and municipal transportation agencies, to assist them in realizing the most from financial resources now and into the future, preserving highway assets, and providing the service expected by customers. Divided into two parts, Part one focuses on leadership and goal and objective setintg, while Part two is more technically oriented. Appendices include work sheets and case studies.
Author: Sue McNeil
Publisher:
ISBN:
Category : State transportation agencies
Languages : en
Pages : 380
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Book Description
Although transportation agencies in the U.S. have been developing Asset Management Systems (AMS) for specific types of infrastructure assets, there are several barriers to the implementation of AMS. This paper documents the development of a generic methodology for quantifying the benefits derived from implementation of AMS and justifying investment in AMS implementation. The generic methodology involves three analysis methods: descriptive analysis, regression analysis, and benefit-cost analysis. This paper demonstrates how the methodology can be applied to evaluate the implementation of a pavement management system in terms of efficacy, effectiveness, and efficiency (3Es).
Author: Neal R. Hawkins
Publisher: Transportation Research Board
ISBN: 0309223768
Category : Bridges
Languages : en
Pages : 98
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Book Description
"Roadway infrastructure within the United States includes features such as roads, bridges, signs, pavement markings, traffic signals, support commerce and mobility, and is, in essence, a shared financial public resource worthy of being managed at the highest level of efficiency. State departments of transportation (DOTs), local transportation authorities, and federal agencies responsible for the fiscal management of the transportation system have shown a growing interest in advancing the state of practice in managing these critical assets. In addition, the recent congressional passage of Moving Ahead for Progress in the 21st Century Act (MAP-21 Act) has established an outcome-driven, performance-tracking approach that will hold states and metropolitan planning organizations accountable for improving the conditions and performance of their transportation assets. It will therefore increase agency attentiveness to these vital issues. Transportation Asset Management (AM) is a strategic and systematic process of operating, maintaining, upgrading, and expanding physical assets effectively throughout their life cycle. It focuses on business and engineering practices for resource allocation and utilization, with the objective of better decision making based on quality information and well-defined objectives. Advancing AM capabilities and integrating these capabilities across an organization's business units requires self-assessment, alignment, goal setting, and support. This synthesis of transportation asset management practice among state highway agencies will be a timely resource for agencies to identify their current state of practice and determine where they will direct their AM efforts. This synthesis is based on two separate surveys, with additional input from practitioners. The initial survey requested that participants conduct a self-assessment to characterize their agency's AM practices....The self-assessment results reflect current and future (5-year) business practices and the agencies' institutional, organizational, financial, and IT environments. This survey yielded 18 DOT participant responses (see Appendix D). Based on the results of the initial survey, and input from the Topic Panel, a second survey was designed to capture the state of practice and forward looking expectations (for the next 3 to 5 years) among state DOTs. Forty-three agencies participated in this second survey."--p. 1.
Author:
Publisher:
ISBN:
Category : Infrastructure (Economics)
Languages : en
Pages : 266
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Book Description
Author: Cambridge Systematics
Publisher: Transportation Research Board
ISBN: 0309098475
Category : Bridges
Languages : en
Pages : 181
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Book Description
Author:
Publisher:
ISBN: 9780309673860
Category : Computer engineering
Languages : en
Pages : 334
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Book Description
Effective transportation asset management (TAM) depends on having good data about the assets under management, their descriptions, current condition and history, functional performance, and the activities conducted to develop, maintain, improve, and rehabilitate them during the course of their service lives. The TRB National Cooperative Highway Research Program's NCHRP Research Report 956: Guidebook for Data and Information Systems for Transportation Asset Management presents a structured approach for assessing an organization's current data and information management practices in support of transportation asset management and strategies for improving these practices.
Author:
Publisher:
ISBN:
Category : Infrastructure (Economics)
Languages : en
Pages : 32
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Book Description
