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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.

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.

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.

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.

Limited funding to maintain and preserve short‐line railroad (SLRR) bridge infrastructure requires that important priority decisions be made on an annual basis. The compartmentalized, dispersed, and diverse nature of many SLRR owners and operators is such that there is a need for a coordinated and centralized effort to evaluate the state‐wide system as a whole, to ensure the most effective overall resource allocation and also identify assets that either outperform predictions or consume disproportionate levels of resources for maintenance and operation, allowing for review of design and construction practices. The purpose of this paper is to examine the state of the art for railroad bridge population management and resource allocation decisions and to develop a state‐wide SLRR bridge prioritization methodology, to be used as a tool by a state agency to assist in allocating limited public funding for bridge maintenance, rehabilitation and replacement activities.

A literature review examining the state of the art of railroad bridge population management and resource allocation decisions was conducted, which provided the foundation for the development of a bridge prioritization algorithm. A state‐wide survey was conducted to develop a bridge database. A detailed evaluation of a statistically significant sample of bridges was conducted, to determine the structural and maintenance needs and preservation status of sub‐populations. The research team developed methodologies, applicable to the entire population, to develop a ranking of bridge preservation candidates.

A risk‐based prioritization algorithm is proposed to assign a relative risk score to each bridge in the population. The algorithm provides a management tool for making more effective maintenance and preservation decisions. Additionally, the bridge database allows managers to examine sub‐populations according to structural parameters to evaluate performance.

The revisable, modular framework of the prioritization algorithm provides a simple, effective and versatile tool for asset management and evaluation. The present proposal of this new prioritization methodology for SLRR bridges is a valuable tool for agencies faced with making rational decisions with limited information. Such a methodology does not currently exist in the literature and is of significant interest to short‐line owners/operators and state transportation agencies.

The purpose of this paper is to present a study of reliability-centred maintenance (RCM), which is conducted on the key sub-assets of a newly constructed road junction infrastructure in Nigeria.

The classical RCM methodology, a type of RCM, which has a top down, zero-based approach for maintenance analysis, is implemented in this study.

The implementation of the classical RCM is successful in its application of various PM policies assigned to the assets and it shows that its application in the highway industry could reduce excessive maintenance backlog and frequent reactive maintenance by effective optimisation of its preventive maintenance (PM) intervals.

Road junctions are originators of more than 70 per cent of road traffic congestion and account for high accident rate. The traditional methods of reliability assurance used in the highway industry such as reactive maintenance and routine maintenance are often inadequate to meet the round the clock usage demands of these assets, thus the consideration for the application of a systematic RCM process for maintaining the system function by selecting and applying effective PM tasks.

It uses an approach that critically develops and analyses thoroughly preventive and continuous maintenance strategy in a new circumstance with environment of uncertainty and limited operating data. The case-based reasoning cycle has been applied in the RCM approach with real-time data obtained from a UK-based network maintenance management system for highway infrastructures.

Transportation project evaluation and prioritization use traditional performance measures including travel time, safety, user costs, economic efficiency and environmental quality. The project impacts in terms of enhancing the infrastructure resilience or mitigating the consequences of infrastructure damage in the event of disaster occurrence are rarely considered in project evaluation. This paper aims to present a methodology to address this issue so that in prioritizing investments, infrastructure with low security can receive the attention they deserve. Second, the methodology can be used for prioritizing candidate investments from a budget that is dedicated specifically to security enhancement.

In defining security as the absence of risk of damage from threats due to inherent structural or functional resilience, this paper uses security-related considerations in investment prioritization, thus introducing robustness in such evaluation. As this leads to an increase in the number of performance criteria in the evaluation, the paper adopts a multi-criteria analysis approach. The paper’s methodology quantifies the overall security level for an infrastructure in terms of the threats it faces, its resilience to damage and the consequences in the event of the infrastructure damage.

The paper demonstrates that it is feasible to develop a security-related measure that can be used as a performance criterion in the evaluation of general transportation projects or projects dedicated specifically toward security improvement. Through a case study, the paper applies the methodology by measuring the risk (and hence, security) of each for multiple infrastructure assets. On the basis of the multiple types of impacts including risk impacts (i.e. increase in security) because of each candidate investment, the paper shows how to prioritize security investments across the multiple infrastructure assets using multi-criteria analysis.

The overall framework consists of the traditional steps in risk management, and the paper’s specific contribution is in the part of the framework that measures the risk. The paper shows how infrastructure security can be quantified and incorporated in the project evaluation process.

GASB Statement No. 34 required state and local governments to report information regarding general infrastructure in financial statements, to improve understanding of the organization's investments in capital assets. Some proponents suggested that this information would affect management practices and potentially resource allocation decisions, but initial survey data found limited evidence of effects. We use dynamic panel analysis covering 47 states from 1995 to 2009 to explore whether implementation of GASB 34 affected state highway capital and maintenance spending. We find evidence of increased capital spending, but no statistically significant change in maintenance expenditures. The choice of reporting method was not found to affect spending outcomes.

This study aims to analyze the interaction and key factors within the network of factors influencing the success of green highway projects.

Through literature review and interviews with experienced project managers, this study identified 33 influencing factors from the perspectives of stakeholders and life cycle. The interaction between these influencing factors was determined by surveying different experts, most of whom have participated in green highway projects in China. Then, social network analysis (SNA) was used to explore the impact and control ability of different factors.

According to the prioritization of these factors, the results showed that some key factors were identified, especially incremental cost, lack of standards and regulations, development of innovative technologies and materials, public awareness and environmental protection behavior. Finally, some meaningful suggestions were put forward for different influencing factors of green highway projects.

While the key influencing factors of the green highway projects have been identified by considering the interrelationships between different factors, the specific influencing paths and levels of different factors are not analyzed, more studies and methods should be conducted on this area in the future.

This finding of factors influencing the success of green highway projects which is useful for managers to overcome various obstacles encountered in similar projects. Moreover, considering the interaction among the influencing factors enables managers to make systematic and efficient decisions.

Developing green highways have been perceived as a major innovation to help achieve the synergy of environmental protection, economic development and social responsibility. Studying the key factors influencing the success of green highway projects and putting forward targeted suggestions are crucial for promoting the environmental protection transformation of highway construction.

Compared with most studies on the identification of key influencing factors of construction projects, this research emphasized the interaction between different factors within the system in the analysis process. The findings could provide useful references to promote the successful implementation of green highway projects.

The purpose of this paper is to propose and confer a strategic cost model as a concept for good decision making for highway asset treatment in the transport industry.

The paper is based on asset performance condition and treatment renewals using a five-point performance for developing prospective treatment strategies. The strategic cost model is presented in the similitude of picturesque and its outcomes via an exploratory data analysis.

The results articulate the best maintenance plan for the forthcoming and future years. The strategic cost model uses the combination of the current condition band, the sample area and likely treatment cost for proposing the optimal treatment solution based on consideration of desired treatment level.

The strategic cost model is suitable for outlining the asset performance condition, treatment renewals and analytical cost optimisation. The formulated analytical cost model and developed prospective strategies enable good decision making, long-term contract negotiations and whole life cost maintenance and management.

Embracing eminent performance condition from the research area of lifecycle planning and deterioration models of a physical asset, a prospective cost strategy for asset maintenance is proposed in the study. The resultant treatment strategies using the analytical approach portray the ability that enables the adaptation of expected outcomes.

Present study aimed to integrate Geographic Information Systems (GIS) and Building Information Modeling (BIM) in conjunction with multicriteria decision-making (MCDM) to enhance infrastructure investment planning.

This analysis combines GIS databases with BIM simulations for a novel highway project. Around 150 potential alternatives were simulated, narrowed to 25 more effective routes and 3 options underwent in-depth analysis using PROMETHEE method for decision-making, based on environmental, cost and safety criteria, allowing for comprehensive cross-perspective comparisons.

A comprehensive framework proposed was validated through a case study. Demonstrating its adaptability with customizable parameters. It aids decision-making, cost estimation, environmental impact analysis and outcome prediction. Considering these critical factors, this study holds the potential to advance new techniques for assessment and planning railways, power lines, gas and water.

The study acknowledges limitations in GIS data quality, particularly in underdeveloped areas or regions with limited technology access. It also overlooks other pertinent variables, like social, economic, political and cultural issues. Thus, conclusions from these simulations may not entirely represent reality or diverse potential scenarios.

The proposed method automates decision-making, reducing subjectivity, aids in selecting effective alternatives and considers environmental criteria to mitigate negative impacts. Additionally, it minimizes costs and risks while demonstrating adaptability for assessing diverse infrastructures.

By integrating GIS and BIM data to support a MCDM workflow, this study proposes to fill the existing research gap in decision-making prioritization and mitigate subjective biases.

The purpose of this paper is to examine asset management in three cities. It is informed by polyphony as a theoretical perspective and draws on the fact‐building process to explore the practice of asset management in these study settings.

A comparative case study approach was adopted to have a broader understanding of the levels of complexity in the study of polyphony in asset management. With this aim, the three Scottish cities were analysed presenting a spectrum of city types.

The paper finds evidence of polyphony. The three cases show different degrees of controversies and achievements, providing a highly variegated picture of the effectiveness in pursuing an asset management policy.

Polyphony recognises the many voices of actors present in organisations. This perspective on asset management is an important, but relatively neglected facet of this aspect of city management. The paper provides an insight in this, showing the potential for the multiple voices of the many different actors within local government, all of whom may have distinct views on asset utilisation.