The Development of Multi-Asset Performance Indicators for the Management of the Portuguese Road and Rail Networks

Abstract

<p>In the context of Asset Management, measuring the performance of each asset or the performance of a specific group of assets plays a vital role in all asset-intensive organisations, depending on large amounts of physical equipment or assets. This paper describes the development of multi-asset performance indicators made by Infraestruturas de Portugal, S.A. (IP), a process started in 2015. IP is currently the organisation managing the most valuable stock of assets in Portugal, comprising more than 15.000 km of roads, 2.600 km of railways, more than 7.500 bridges as well as other sub- systems. Managing in an integrated way such diverse asset types became a significant challenge, raising the need to develop performance indicators so that the organisation could track and report the performance of its assets on a common basis, including both road and rail networks.</p>