Light rail transit cost performance: Opportunities for future-proofing

Love, Peter E.D.; Ahiaga-Dagbui, Dominic D.; Welde, Morten; Odeck, James

doi:10.1016/j.tra.2017.04.002

Cited by 25 publications

(18 citation statements)

References 25 publications

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“…Our findings synthesize and conceptualize earlier insights on iterative design thinking [58], affordability [3], [4], bounded rationality [59], and motivational gaps [43], [44] as causal mechanisms for futureproofing talks and thus ROR. This offers a novel contribution, addressing the gaps in the literature regarding the causal powers of each of these mechanisms and their interrelationships.…”

Section: Discussionsupporting

confidence: 77%

“…Futureproofing can be defined as "a proactive planning and management initiative and process employed by owners and the supply chain for mitigating risks found in asset management that acts as an urgent need against uncertainty" [1, p.12]. Complex infrastructure projects need futureproofing to deal with unexpected events and to be flexible in accommodating changing needs, uses or capacities [2], [3].…”

Section: Introductionmentioning

confidence: 99%

“…hospitals), existing performance measures focus on capital project performance (e.g. delivery on time and budget) and pay less attention to the lifecycle performance of the infrastructure [3], [13]. ROR promotes lifecycle performance thinking, yet there is limited evidence of how and under what conditions this occurs.…”

Section: Introductionmentioning

confidence: 99%

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Talking About Futureproofing: Real Options Reasoning in Complex Infrastructure Projects

Krystallis¹,

Locatelli

Murtagh³

2022

IEEE Trans. Eng. Manage.

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Complex infrastructure projects often attract criticism regarding their short-and long-term performance. An effective development process requires thinking about both present and future requirements. We employed the lens of real options reasoning to investigate the power of verbal theorizing, without the aid of analytical modeling, to add flexibility in the development process. Drawing on 32 semi-structured interviews with decision-makers involved in health estate projects, we examined if and how informal talks in the development process can lead to futureproof outcomes. Our findings synthesize and conceptualize relevant insights on iterative design thinking, affordability, bounded rationality, and motivational gaps as causal mechanisms for futureproofing talks and thus real options reasoning. The paper contributes to the planning and project studies literature dealing with futureproofing complex infrastructure projects.

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Section: Discussionsupporting

confidence: 77%

Section: Introductionmentioning

confidence: 99%

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Talking About Futureproofing: Real Options Reasoning in Complex Infrastructure Projects

Krystallis¹,

Locatelli

Murtagh³

2022

IEEE Trans. Eng. Manage.

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“…Future-proofing requires professionals to reflect on their practice and prepare accordingly for an uncertain future (Kerr, 2011). Future-proofing as a concept spans many fields and disciplines including transportation (Dove, Ahiaga-Dagbui, Welde, & Odeck, 2017), healthcare (Hawkes, 2015), industry (Love, Zhou, Matthews, & Sing, 2016), and architectural design (Coley, Kershaw, & Eames, 2012;Rehman & Ryan, 2017). Literature exist related to future focus in higher education administration (Aoun, 2017, Selingo, 2013Thomas, 2011) but there is little specifically about future-proofing the field of IR.…”

Section: Future-proofing Comes To Institutional Researchmentioning

confidence: 99%

Future‐Proofing Institutional Research Skills in an Evolving Digital Institution

Johnson

Simon²

2018

New Drctns for Instit Rsrch

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This chapter utilizes the duties and functions of institutional research to outline the skills needed by institutional research professionals in an evolving digital institution. The concept of future‐proofing, explained and considered in this context, encourages professionals to develop skills for the present with the future needs of data‐informed decision‐making in higher education in mind.

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“…In the literature, a tram is usually included in the wider term "light rail transit" (Hensher, 2016;Love et al, 2017). Tram systems are embedded in cities and urban areas (Shi et al, 2017;Zhao et al, 2018).…”

Section: Introductionmentioning

confidence: 99%

Decision support tool based on multi-source data analysis for the tram wheel-rail interface

Xie

Núñez

Maas³

et al. 2018

IFAC-PapersOnLine

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This paper presents a methodology to support decision making based on the tram wheel-rail interface condition. The methodology relies on the following measurements: tram failure log-files regarding wheel-sliding events, monitored acoustics data and open source weather information. The proposed methodology consists of three stages: 1) data collection and pre-processing, 2) spatial analysis based on clustering, and 3) decision support based on the extracted information. For clustering, the Density-Based Algorithm (DBSCAN) is used for the analysis of wheel-sliding events. Self-organizing maps (SOMs) are employed for the analysis of acoustics data. A real-life case study is used to show how use of the methodology can find interesting hotspots that are candidates for further monitoring and maintenance actions. The measurements were obtained from the tram system in the city of Rotterdam, The Netherlands.

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Light rail transit cost performance: Opportunities for future-proofing

Cited by 25 publications

References 25 publications

Talking About Futureproofing: Real Options Reasoning in Complex Infrastructure Projects

Talking About Futureproofing: Real Options Reasoning in Complex Infrastructure Projects

Future‐Proofing Institutional Research Skills in an Evolving Digital Institution

Decision support tool based on multi-source data analysis for the tram wheel-rail interface

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