Transportation Asset Management Overview

Bittner, Jason; Rosen, Howard

doi:10.1177/1087724x03259603

Cited by 4 publications

(4 citation statements)

References 3 publications

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“…Institute of Public Works Engineering Australia 2011"To meet a required level of service, in the most cost effective manner, through the management of assets for present and future customers." Bittner & Rosen (2004) "TAM is a systematic process of operating, maintaining, and upgrading physical assets cost-effectively. It combines engineering and mathematical analyses with sound business practice and economic theory.…”

Section: Asset Management In Highway Maintenancementioning

confidence: 99%

“…Therefore, exceptional attention should be given to the construction, repair and maintenance, and upgrading of highway assets (Hallberg and Racutanu, 2007). The definition offered by Bittner and Rosen (2004) recognises that TAM needs to be a mixture of both engineering and business decisions. Highway assets deteriorate over time and the rate of weakening depends on how much they are used and what environmental conditions they are exposed to (Selih et al, 2008).…”

Section: Asset Management In Highway Maintenancementioning

confidence: 99%

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Challenges and prospects of applying asset management principles to highway maintenance: A case study of the UK

Shah

McMann

Borthwick

2017

Transportation Research Part A: Policy and Practice

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Past models and tools that support in the decision making process based on Asset Management Principles (AMP) are lacking in terms of the effective outcomes and transparency of the process in the highway maintenance. There is also little research on how to align the decision areas when applying AMP and how to improve the inclusive effectiveness. Hence, the paper focuses on examining the challenges and prospects of applying AMP in a highway maintenance agency or department. An exploratory research method was used through an extensive review of literature and an industry survey. The findings from the literature and case study review were used to design a questionnaire and conduct the survey. The survey results revealed that the AMP are only being implemented ineffectively in maintaining highways, and a strong commitment is required to improve the asset management capability for effective use of the asset data. It is highly recommended that the Highway Agency should issue a guideline for implementing asset management policy and also encourage associate departments to achieve asset management maturity level 3 so that ISO55000 certification can be achieved. The study concludes that there is still substantial work needed within the asset management process, particularly in highway maintenance before its effectiveness can be realised and measured.

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Section: Asset Management In Highway Maintenancementioning

confidence: 99%

Section: Asset Management In Highway Maintenancementioning

confidence: 99%

Challenges and prospects of applying asset management principles to highway maintenance: A case study of the UK

Shah

McMann

Borthwick

2017

Transportation Research Part A: Policy and Practice

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“…Many variations of IAM definitions and objectives exist, resulting in the fragmentation of the concept [24]. Definitions of IAM of roads are focusing mainly on costeffectiveness, while the objectives for rail and inland navigation infrastructure are respectively safety and reliability and service and availability [20,21,[25][26][27][28]. As a consequence of this variety, the management of infrastructure can be compared with the iron triangle in project management, consisting of time, performance and cost.…”

Section: Infrastructure Assets Of a Region And Their Managementmentioning

confidence: 99%

A Strategic Asset Management Framework for Improving Transport Infrastructure: Analysis for Belgian Land Transport Modes

Molinari

Haezendonck

Hensmans

2022

Lecture Notes in Mechanical Engineering

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In today's society, infrastructure asset management is a priority for multiple policymakers as it is key to guarantee high-quality transport infrastructure. While the relative quality of transport infrastructure in a number of Western European countries is deteriorating, the volumes of freight and passengers, as well as the expected service levels of all modes of transport for citizens and businesses, are increasing sharply. In response, infrastructure asset managers have developed and integrated technical and management system innovations. While short-term cost and damage control is taken better care of, a long-term asset vision and strategic principles supporting a strong future transport infrastructure network are still largely missing in many EU countries. In this paper, we analyze the strategic infrastructure asset management (SIAM) for Belgian road transport, rail and inland waterways through a cross-case analysis. Our literature study identifies strategic asset management principles, potential barriers and solutions for transport infrastructure assets in general, as well as for the different transport modes in particular. Through in-depth interviews with Belgian top administrators, the principles and SIAM frameworks for different types of mainland infrastructure are analyzed. We find, based on the studied Belgian cases, that 'one SIAM-model does not fit all', and that a variety of models, adapted to transport modes and the regional context, could better suit the strategic goals of different policies.

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“…Therefore, many agencies and scholars have begun to research comprehensive multi-infrastructure optimization. They consider the overall transportation infrastructure as one kind of asset, and systematically manage multiple infrastructures for overall interest [5,6]. In 1998, the US Federal Highway Administration (FHWA) established an asset management office, and proposed that all kinds of transportation infrastructure should be managed on the basis of asset attributes.…”

Section: Introductionmentioning

confidence: 99%

Research on Comprehensive Multi-Infrastructure Optimization in Transportation Asset Management: The Case of Roads and Bridges

Chen

Liang

et al. 2019

Sustainability

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Optimization is the core of transportation asset management, but current optimization approaches are still in the stage of single infrastructure management, which seriously hinders the development and application of transportation asset management. This paper establishes a comprehensive multi-infrastructure optimization model for transportation assets consisting of roads and bridges, which is aimed at achieving the goal of transportation asset comfort, integrity, and security, taking budget funds as constraint conditions, and applying the optimization technique of goal programming and integer programming. An interactive fuzzy linear-weighted optimum-order algorithm is presented to solve the comprehensive optimization model. Finally, the comprehensive multi-infrastructure optimization model and algorithm are verified to be effective by practical data in a case study. The results indicate that the model and algorithm can provide a satisfactory and reasonable maintenance and rehabilitation schedule for transportation asset management agencies.

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Transportation Asset Management Overview

Cited by 4 publications

References 3 publications

Challenges and prospects of applying asset management principles to highway maintenance: A case study of the UK

Challenges and prospects of applying asset management principles to highway maintenance: A case study of the UK

A Strategic Asset Management Framework for Improving Transport Infrastructure: Analysis for Belgian Land Transport Modes

Research on Comprehensive Multi-Infrastructure Optimization in Transportation Asset Management: The Case of Roads and Bridges

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