00941378

Component

http://onlinepubs.trb.org...nepubs/circulars/ec049.pdf

During the last decade increasing effort has been applied in asset management. Many ideas and reports were created during this period by or for top management. The goal of asset management is to create tools for the use of the final decision maker, so that each project will be evaluated in an easy and comparable manner. During a long period, various management systems have used different methods to rank major repair projects, and many administrations are using poor tools and methods for spending their funds. The gap between the ministry, the top administration of infrastructure, bridge management, and the final decision maker is too big, and understanding among the parties is limited. The projects evaluated here are those for which a reconstruction is expected to take place within the next 10 to 15 years. Long-term budget needs are evaluated through good and proper inventory combined with studies of lifetime. Ranking may be complicated, and it is not always clear which parameters should be included. Parameters are evaluated here, and parallels are drawn to the net present value method. The need for funds has to be well documented, and consequences have to be explained clearly. Methods must be easy to understand at all levels of administration, and it must be easy to see and explain the included parameters in the evaluation and planning of maintenance. A preliminary introduction is given to net present value, an extended and well-considered ranking method from an economical point of view, to discuss why assets may be evaluated from the bottom up.

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E-C049,
IBMC03-036
IBMC03-041

English

p. 139-148

2003-4

Transportation Research Circular

9th International Bridge Management Conference

Figures (2) ; Tables (2)

Asset management; Bridge management systems; Budgeting; Decision making; Present value; Reconstruction; Rehabilitation

Bridge management; Net present value method

Bridges and other structures; Design; Finance; Highways; I24: Design of Bridges and Retaining Walls

TRIS, TRB

Apr 18 2003 12:00AM

• ADDRESSING UNCERTAINTIES IN BRIDGE MANAGEMENT WITH INFLUENCE DIAGRAMS
• ASSESSING THE SAFETY AND SERVICEABILITY OF EXISTING HIGHWAY STRUCTURES
• BRIDGE EXPERT ANALYSIS AND DECISION SUPPORT SYSTEM
• BRIDGE MANAGEMENT SYSTEM FOR CITY OF MOSCOW
• BRIDGE MANAGEMENT THROUGH THE INTERNET WITH DANBROWEB
• BRIDGE TESTING TO ENHANCE BRIDGE MANAGEMENT IN DELAWARE
• CONDITION-BASED BRIDGE ASSET VALUATION
• CUSTOMIZATION OF THE PONTIS BRIDGE MANAGEMENT SYSTEM FOR A TRANSIT AGENCY
• DETERMINATION OF BRIDGE DETERIORATION MATRICES WITH STATE NATIONAL BRIDGE INVENTORY DATA
• ECONOMETRIC MODEL FOR PREDICTING DETERIORATION OF BRIDGE DECK EXPANSION JOINTS
• FLORIDA PROJECT-LEVEL MODELS FOR PONTIS
• FORECASTING LIFETIME SAFETY AND SERVICEABILITY FOR MANAGEMENT OF A NETWORK OF HIGHWAY BRIDGES IN COLORADO
• IMPLEMENTATION OF ONTARIO BRIDGE MANAGEMENT SYSTEM
• INTEGRATION OF AASHTO'S BRIDGEWARE PRODUCTS
• LIFE-CYCLE COST APPROACH TO BRIDGE MANAGEMENT IN THE NETHERLANDS
• LIFE-CYCLE MANAGEMENT OF CONCRETE INFRASTRUCTURES FOR IMPROVED SUSTAINABILITY
• MAINTENANCE STRATEGY TO MINIMIZE BRIDGE LIFE-CYCLE COSTS
• METHODOLOGY FOR PREDICTION OF CONDITION OF CONCRETE BRIDGE DECKS AT NETWORK LEVEL
• MONITORING AND PLANS FOR ACTION FOR BRIDGE SCOUR: INSTRUMENTS AND STATE DEPARTMENTS OF TRANSPORTATION EXPERIENCES
• NEW BRIDGE PERFORMANCE MEASURES FOR PRIORITIZING BRIDGES
• PERFORMANCE-BASED PROGRAMMING OF BRIDGES IN NEW JERSEY
• PHYSICAL MODELING OF SCOUR IN BRIDGE MANAGEMENT
• PONTIS BRIDGE MANAGEMENT SYSTEM: STATE OF THE PRACTICE IN IMPLEMENTATION AND DEVELOPMENT
• PONTIS-BASED HEALTH INDEXES FOR BRIDGE PRIORITY EVALUATION
• PREDICTION OF DETERIORATION: START APPLICATION OF DEICING AGENT TAKEN INTO ACCOUNT
• STATEWIDE IMPLEMENTATION OF A BRIDGE MANAGEMENT SYSTEM AS PART OF INTEGRATED ASSET MANAGEMENT IN KENTUCKY
• STRUCTURAL PATCH REPAIR OF CONCRETE STRUCTURES: TOWARD THE DEVELOPMENT OF A RISK-BASED IMPLEMENTATION PROCEDURE
• SUPPLY AND DEMAND SYSTEM APPROACH TO DEVELOPING BRIDGE MANAGEMENT STRATEGIES: COMPARISON WITH TWO EXISTING APPROACHES
• SYNCHRONIZING AN AGENCY'S BRIDGE INFORMATION BETWEEN MULTIPLE VENDOR SYSTEMS: KANSAS DEPARTMENT OF TRANSPORTATION APPROACH
• SYNTHESIS OF ELEMENT CONDITION DATA FOR AGGREGATE ANALYSES IN BRIDGE MANAGEMENT SYSTEMS
• SYSTEM RELIABILITY MODELING IN BRIDGE MANAGEMENT
• TISBO INFRASTRUCTURE MAINTENANCE MANAGEMENT SYSTEM: INTEGRATING INSPECTION REGISTRATION AND MAINTENANCE MANAGEMENT
• UPDATING TIME-DEPENDENT RELIABILITY OF HIGHWAY BRIDGES WITH PONTIS BRIDGE MANAGEMENT SYSTEM INSPECTION RESULTS
• WEB-BASED BRIDGE MANAGEMENT SYSTEM