Applying Social Return on Investment to Risk-Based Transportation Asset Management Plans in Low-Volume Bridges

2015 ◽  
Vol 2473 (1) ◽  
pp. 75-82 ◽  
Author(s):  
Maria Catalina Miller ◽  
Jorge A. Rueda ◽  
Douglas D. Gransberg
Keyword(s):  
Asset Management ◽  
Return On Investment ◽  
Social Return On Investment ◽  
Management Plans ◽  
Low Volume ◽  
Transportation Asset Management

Using Resilience in Risk-Based Asset Management Plans

2020 ◽  
Vol 2674 (4) ◽  
pp. 178-192
Author(s):  
YuanChi Liu ◽  
Sue McNeil
Keyword(s):  
Asset Management ◽  
Transportation Networks ◽  
Management Plan ◽  
Extreme Weather Events ◽  
Risk And Resilience ◽  
Technical Performance ◽  
Weather Events ◽  
Management Plans ◽  
Robeson County ◽  
Transportation Asset Management

Each state in the U.S.A. is required to develop and maintain a risk-based transportation asset management plan for the National Highway System (NHS) to improve or preserve the condition of the assets and the performance of the system. Awareness of natural hazards and extreme weather events has also increased with recent catastrophic hurricanes, such as Matthew (October, 2016) and Harvey (August, 2017), which caused significant inland floods in Robeson County, North Carolina, and Houston, Texas, respectively. These recent events and the damage to transportation infrastructure has also focused attention on the resilience of transportation networks. However, an integrated, consistent, well-understood method to assess or quantify the resilience of transportation networks is still lacking. This paper reviews the relevant concepts, legislative requirements that link asset management, risk and resilience, and tools available to support risk-based asset management. Based on a review of the transportation asset management plans developed by 49 state departments of transportation in 2018 and 2019, the paper summarizes the approaches to the risk management section of these asset management plans and the role resilience plays. Opportunities to better integrate resilience into the risk-based asset management plans are then identified. Examples are presented that demonstrate the role of resilience-related technical performance measures that reflect decisions related to flooding in the various stages of the disaster cycle (preparedness, response, recovery, and mitigation).

Forecasting Federal Transportation Performance Management Bridge Condition Measures for Bridge Management

2021 ◽  
pp. 036119812110152
Author(s):  
Paul D. Thompson
Keyword(s):  
Performance Management ◽  
Long Range ◽  
Asset Management ◽  
Capital Budgeting ◽  
Time Frame ◽  
Bridge Management ◽  
Novel Approach ◽  
Management Plans ◽  
Transportation Asset Management ◽  
Condition State

Many common processes of bridge management can benefit from network-level analysis of long-term costs and condition, on a time frame of about 10 years. Such processes include development and implementation of Transportation Asset Management Plans, long-range needs analysis, capital budgeting and programming, and policy analysis. The ability to forecast federal Transportation Performance Management (TPM) condition measures would provide managers with a way of evaluating the possible outcomes of funding, programming, and policy decisions. A model for this purpose has been developed as a part of StruPlan, an open-source spreadsheet for long-range renewal planning for transportation structures. Element condition state data are found to be highly exponential in distribution, while the federal measures “Percent Good” and “Percent Poor” are categorical when applied to specific bridges. Element data, providing more detail about the type, severity, and extent of defects, are valuable for deterioration modeling, while the TPM measures are simpler for reporting to stakeholders. A set of models was developed to bridge the gap between these measures. Thus far, the models have been calibrated and pilot tested using Idaho, South Dakota, and Kentucky data. The model is a novel approach that has not been attempted elsewhere, that may simplify important parts of bridge management and provide some valuable new ideas for researchers and developers.

Implementasi Analisis Social Return On Investment

2020 ◽  
Author(s):  
Rohmadina Sabila Fitri
Keyword(s):  
Return On Investment ◽  
Social Return On Investment

Artikel ini berisi implentasi Social Return On Investment terutama bagi warga Surabaya sekitar. Social Return On Investment sendiri adalah metode berbasis prinsip untuk mengukur kelebihan dari nilai keuangan relatif terhadap sumber daya yang diinvestasikan.

Social Return on Investment: Health Promotion Programs

2014 ◽  
Author(s):  
Worawan Chandoevwit ◽  
Kannika Thampanishvong ◽  
Rattanakarun Rojjananukulpong
Keyword(s):  
Health Promotion ◽  
Return On Investment ◽  
Social Return On Investment ◽  
Health Promotion Programs

scholarly journals Adding value to the use of Health Impact Assessment and social return on investment technologies

2020 ◽  
Vol 30 (Supplement_5) ◽  
Author(s):  
L Green ◽  
K Ashton ◽  
M Dyakova ◽  
L Parry-Williams
Keyword(s):  
Impact Assessment ◽  
Return On Investment ◽  
Health Impact Assessment ◽  
Grey Literature ◽  
Health Impact ◽  
Social Value ◽  
Decision Makers ◽  
Structured Interviews ◽  
Social Return On Investment ◽  
The Impact

Abstract Health Impact Assessment (HIA) and Social Return on Investment (SROI) are beneficial public health methodologies that assess potential effects on health including social, economic and environmental factors and have synergies in their approaches. This paper explores how HIA and SROI can complement each other to capture and account for the impact and social value of an assessed intervention or policy. A scoping review of academic and grey literature was undertaken to identify case studies published between January 1996 and April 2019 where HIA and SROI methods have been used to complement each other. Semi-structured interviews were carried out with nine international experts from a range of regulatory/legislative contexts to gain a better understanding of past experiences and expertise of both HIA and SROI. A thematic analysis was undertaken on the data collected. The review identified two published reports which outline when HIA and SROI have both been used to assess the same intervention. Interview results suggest that both methods have strengths as standalone processes i.e. HIAs are well-structured in their approach, assessing health in its broadest context and SROI can add value by monetizing social value as well as capturing social/environmental impact. Similarities of the two methods were identified i.e. a strong emphasis on stakeholder engagement and common shared principles. When questioned how the two methods could complement each other in practice, the results indicate the benefits of using HIA to explore initial impact, and as a platform on which to build SROI to monetarize social value. HIA and SROI methodologies have cross-over. The research suggests potential benefits when used in tandem or combining the methods to assess impact and account for health and social value. Innovative work is now being carried out in Wales to understand the implications of this in practice and to understand how the results of the two methods could be used by decision-makers. Key messages HIA and SROI methods can be used in tandem to capture both the health impact and social value of policies and proposed interventions. HIA and SROI when used together can provide valuable information to inform decision makers around the health impact and social value of proposed policies and interventions.

Sign in / Sign up

Export Citation Format

Share Document