Guide for Optimal Replacement Cycles of Highway Operations Equipment (NCHRP 13-04)

Summary

Subjects addressed:

Inventory and Condition Assessment, Maintenance and Preservation, Performance Measurement and Management, Resource Allocation and Program Development

Topics addressed:

Guidance/Lessons Learned

Asset types addressed:

General

Detail

Title: Guide for Optimal Replacement Cycles of Highway Operations Equipment (NCHRP 13-04)
Resource type: Guide/ ManualResearch Report
Year published: 2017
Publisher: TRB
URL: http://apps.trb.org/cmsfeed/TRBNetProjectDisplay.asp?ProjectID=3654
Abstract:

The objective of this research, NCHRP 13-04, was to develop a Guide for Optimal Replacement Cycles of Highway Operations Equipment. The guide included processes and tools for consideration in making decisions regarding the optimal replacement cycles of on- and off-road highway operations equipment used by state highway agencies.
The study’s report, Research Report 879: Optimal Replacement Cycles of Highway Operations Equipment, acts as a handbook on equipment replacement concepts and an instruction manual for making cost-effective replacement decisions. The research report presents a process for determining replacement needs for highway operations equipment, identifying candidate equipment units for replacement, and preparing an annual equipment replacement program. The products include a guidance document and an Excel-based replacement optimization tool to support the equipment replacement process and facilitate its implementation.

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