Washington State DOT: Determining the Value of Information in Asset Management Decisions – 2018 San Diego TRB TAM Conference

Summary

Subjects addressed:

Data Management and Integration, Financial Management/Asset Valuation, Inventory and Condition Assessment, Life Cycle Costing/Economic Analysis

Topics addressed:

Analytical Tools and Models, Guidance/Lessons Learned

Asset types addressed:

Pavement

Detail

Title: Washington State DOT: Determining the Value of Information in Asset Management Decisions – 2018 San Diego TRB TAM Conference
Resource type: Conference ProceedingsPresentation
Year published: 2018
Publisher: TRB
URL: http://onlinepubs.trb.org/onlinepubs/Conferences/2018/AssetManagement/LuhrDeterminingtheValueofInformation.pdf
Abstract:

This presentation from the 12th National Conference on Transportation Asset Management is about "determining the value of information in Asset Management decisions," according to federal requirements. Shows quantitative analysis of pavement conditions, in the case of Washington State. Examples used are: estimated monetary value (economic) analysis and equivalent uniform annual cost (EUAC) analysis.

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