The Integrated Asset Management Paradigm for Highway Transportation Infrastructureby A. E. Aktan,
Document Type: Proceeding Paper
Part of: Structures 2004: Building on the Past, Securing the Future
Abstract: During the past few decades, the legislature, federal transportation officials, the transportation engineering community and the public in general became aware of the necessity to leverage technology and to apply the principles of asset management in order to ensure the preservation and performance of the infrastructure. The FHWA established an Office of Asset Management in 1999 to provide leadership and expertise in the systematic management of highway infrastructure assets. The asset management approach incorporates the economic assessment of trade-offs among alternative investment options and uses this information to help make cost-effective investment decisions.
Subject Headings: Assets | Resource management | Highway and road management | Infrastructure | Federal government | Investments | Legislation
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