Consequences of Delayed Maintenance of Highway Assets

2017 ◽  
Author(s):  
Carlos M. Chang ◽  
Soheil Nazarian ◽  
Marketa Vavrova ◽  
Margot T. Yapp ◽  
Linda M. Pierce ◽  
...  
Keyword(s):  
Highway Assets

scholarly journals Risk-based inspection on highway assets with category 2 defects

2016 ◽  
Vol 6 (2) ◽  
pp. 372-382 ◽  
Author(s):  
E.O. Ekpiwhre ◽  
K.F. Tee ◽  
S.A. Aghagba ◽  
K. Bishop
Keyword(s):  
Highway Assets

Framework for Multiobjective Optimization of Physical Highway Assets Investments

2012 ◽  
Vol 138 (12) ◽  
pp. 1411-1421 ◽  
Author(s):  
Zheng Wu ◽  
Gerardo Flintsch ◽  
Adelino Ferreira ◽  
Luís de Picado-Santos
Keyword(s):  
Multiobjective Optimization ◽  
Highway Assets

Highway Asset Deterioration Rates

2018 ◽  
Vol 2672 (12) ◽  
pp. 179-186
Author(s):  
William Rasdorf ◽  
Ali Almalki
Keyword(s):  
North Carolina ◽  
Life Cycle ◽  
Data Collection ◽  
Collection Method ◽  
Pavement Maintenance ◽  
Geographical Regions ◽  
New Knowledge ◽  
Road Systems ◽  
Ready Availability ◽  
Highway Assets

This paper is about highway asset deterioration rates. Typically, these are difficult to determine. However, using a data collection method adopted in North Carolina (and the resulting data obtained over a 5-year timespan), an approach was developed to determine accurate deterioration rates for several highway assets. This was not previously done, and thus, deterioration was not included as a factor in estimating future maintenance needs for these assets despite the ready availability of the necessary data. This paper focuses on unpaved shoulders and outlines how their deterioration rates were obtained and how such rates can also be obtained for other assets. The resulting deterioration rates are presented and compared over various road systems and geographical regions. With this new knowledge, deterioration rates can now be included in life cycle asset analysis, resulting in more accurate condition predictions and maintenance budgeting. The paper focuses on highway assets and does not address bridge or pavement maintenance.

Data Processing for Countermeasures on the Problems of the Assessment of the Value of Highway - With the Example of Highway Assets which Need Expansion

2014 ◽  
Vol 1056 ◽  
pp. 211-214
Author(s):  
Rong Jin Li ◽  
Jing Li
Keyword(s):  
Data Processing ◽  
Paper Analysis ◽  
Suitable Method ◽  
Development Method ◽  
Potential Value ◽  
Asset Value ◽  
Assets Appraisal ◽  
Highway Assets

The accuracy of highway asset value is increasingly important , the paper analysis the problems aiming at the existing highway assets appraisal,which classify all kinds of highway asset, and choose the suitable method . Especially to the evaluation of highway assets which not suitable to the old methods,taking the highway assets which need extension as an example, this paper use the hypothetical development method evaluate its potential value, and analysis the principle, apply the calculation steps, process and summarize the data which is the most important information throughout the entire paper.

Pricing of highway infrastructure for transportation asset management

2019 ◽  
Vol 9 (1) ◽  
pp. 64-79 ◽  
Author(s):  
Taehoon Lim ◽  
Juan Diego Porras-Alvarado ◽  
Zhanmin Zhang
Keyword(s):  
Performance Measures ◽  
Asset Management ◽  
Data Availability ◽  
Cost Information ◽  
Local Conditions ◽  
Content Type ◽  
Economic Productivity ◽  
Transportation Asset Management ◽  
Capital Value ◽  
Highway Assets

Purpose The purpose of this paper is to present a methodology for estimating the “price,” or the not-to-loss value, of individual highway assets, which reflects not only the assets’ capital value but also economic productivity, by adopting a productivity-based asset valuation framework. The price tags can be used in prioritizing highway assets in support of transportation asset management processes. Design/methodology/approach The methodology adopts the utility theory to consider multiple performance measures reflecting the economic productivity generated by the assets, as well as their capital value. Key performance measures are first selected, and their values are retrieved from highway asset management databases. Next, the utility functions representing decision makers’ preferences convert the performance measures into utility values, which adjust the replacement cost (RC) of each highway asset to estimate price tags. To demonstrate its applicability, case studies were conducted for the highway networks of Texas and Washington State in the USA. Findings The methodology yielded price tags that better reflect the importance of highways’ roles in the economy in comparison to methods where only RCs are used. Furthermore, it was proven to be flexible enough to accommodate local conditions such as varying data availability. Originality/value The research provides a practical and reasonable way to prioritize critical highway assets in purport of maintenance and rehabilitation resource allocations, based on their economic productivity as well as physical condition and historical cost information, enhancing the overall efficiency and effectiveness of highway asset management.

Approach to Level-of-Service Target Setting for Highway Assets

2015 ◽  
Author(s):  
Teresa M. Adams ◽  
Kyle Schroeckenthaler ◽  
Ernie Wittwer ◽  
John O’Doherty ◽  
Marie Venner ◽  
...  
Keyword(s):  
Level Of Service ◽  
Target Setting ◽  
Highway Assets

Life-Cycle Cost Analysis for Management of Highway Assets

2016 ◽  
Author(s):  
Aimee Flannery ◽  
Jessica Manns ◽  
Marie Venner ◽  
◽  
◽  
...  
Keyword(s):  
Life Cycle ◽  
Cost Analysis ◽  
Life Cycle Cost ◽  
Life Cycle Cost Analysis ◽  
Highway Assets
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