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Measuring the Benefits of Implementing Asset Management Systems and Tools

Measuring the Benefits of Implementing Asset Management Systems and Tools PDF Author: Sue McNeil
Publisher:
ISBN:
Category : State transportation agencies
Languages : en
Pages : 380

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Book Description
Although transportation agencies in the U.S. have been developing Asset Management Systems (AMS) for specific types of infrastructure assets, there are several barriers to the implementation of AMS. This paper documents the development of a generic methodology for quantifying the benefits derived from implementation of AMS and justifying investment in AMS implementation. The generic methodology involves three analysis methods: descriptive analysis, regression analysis, and benefit-cost analysis. This paper demonstrates how the methodology can be applied to evaluate the implementation of a pavement management system in terms of efficacy, effectiveness, and efficiency (3Es).