Investment Prioritization Methods for Low-Volume Roads (NCHRP Synthesis 521)

Summary

Subjects addressed:

Life Cycle Costing/Economic Analysis, Maintenance and Preservation, Performance Measurement and Management, Resource Allocation and Program Development

Topics addressed:

Analytical Tools and Models, Communications

Asset types addressed:

Bridge, Pavement

Detail

Title: Investment Prioritization Methods for Low-Volume Roads (NCHRP Synthesis 521)
Resource type: Research Report
Year published: 2018
Publisher: TRB
URL: http://www.trb.org/Main/Blurbs/177656.aspx
Abstract:

This report documents current practices used by transportation agencies to make investment decisions about low-volume roads. Current transportation asset management practices for low-volume roads typically use asset condition, traffic, and safety metrics to prioritize investment decisions for preservation, maintenance, repair, and replacement projects. However, these metrics do not fully measure the significant value for the wider economy and society that low-volume roads can provide.

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