Details:

Creators:
Bai, Qiang ; Labi, Samuel
Bai, Qiang ; Labi, Samuel Less -
Corporate Creators:
Purdue University. Joint Transportation Research Program
Corporate Contributors:
United States. Federal Highway Administration
Subject/TRT Terms:
[+]
Alternatives Analysis Asset Management Calibration Decision Support Systems Implementation Performance Measurement Theoretical Studies
Publication/ Report Number:
FHWA/IN/JTRP-2012/32
Resource Type:
Tech Report
Geographical Coverage:
Indiana
Corporate Publisher:
Indiana. Dept. of Transportation
NTL Classification:
NTL-PLANNING AND POLICY-PLANNING AND POLICY;NTL-ECONOMICS AND FINANCE-ECONOMICS AND FINANCE;
Abstract:
As part of the ongoing evolution towards integrated highway asset management, the Indiana Department of Transportation (INDOT),

through SPR studies in 2004 and 2010, sponsored research that developed an overall framework for asset management. This was

intended to foster decision support for alternative investments across the program areas on the basis of a broad range of performance

measures and against the background of the various alternative actions or spending amounts that could be applied to the several

different asset types in the different program areas. The 2010 study also developed theoretical constructs for scaling and amalgamating

the different performance measures, and for analyzing the different kinds of trade‐offs. The research products from the present study

include this technical report which shows how theoretical underpinnings of the methodology developed for INDOT in 2010 have been

updated, upgraded, and refined. The report also includes a case study that shows how the trade‐off analysis framework has been

calibrated using available data. Supplemental to the report is Trade‐IN Version 1.0, a set of flexible and easy‐to‐use spreadsheets that

implement the tradeoff framework. With this framework and using data at the current time or in the future, INDOT’s asset managers are

placed in a better position to quantify and comprehend the relationships between budget levels and system‐wide performance, the

relationships between different pairs of conflicting or non‐conflicting performance measures under a given budget limit, and the

consequences, in terms of system‐wide performance, of funding shifts across the management systems or program areas.


Format:
PDF
Alternate URL:
http://dx.doi.org/10.5703/1288284315036
Funding:
SPR-3500
Collection(s):
US Transportation Collection
Main Document Checksum:
[+]
urn:sha256:72b573fffacbeade4d9973e238a9ce742fcf6d270606781d4122d0d158873115
Download URL:
https://rosap.ntl.bts.gov/view/dot/25826/dot_25826_DS1.pdf
File Type:

Supporting Files

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