Road Investment Decision Framework: Neil Robertson PIARC ISOHDM Project Coordinator

Road Investment Decision Framework
Neil Robertson PIARC ISOHDM Project Coordinator

1
Investment Decision Framework

Road system is an important economic asset Assets require sustainable business management Investment decisions will consider future performance of the investment Performance: of the infrastructure (physical & economic) of the vehicle fleet effect (benefits) to road users value for money Costs and benefits: to the agency to the road users effective decision making requires a network of knowledge and decision support skills
9
Road Management Cycle

Policy Research Policies Planning
Performance Monitoring
Highway Management Information

Inventory Condition Resources Treatments Productivity Unit Costs Economic parameters
Classification and Standards
Implementation
Needs Assessment Programming
Operations
Finance and Resources
Project Preparation
10
Investment Information
Identifying deficiencies in the road system Predicting future trends in deficiencies Developing strategic plans and policies developing forward plans for improvement and upkeep works Programming works into budget years

11
Investment Information
Conducting appraisals of project proposals Predicting impact and consequences of investment options Researching local road transportation needs Researching future impacts of operational or technological options

12
Road Asset Management System

Serves these investment information requirements consists of many information components
road network vehicle fleet and traffic policies and standards system deficiencies financial works programs works performance, asset performance
includes an investment decision support capability

13

Road Inventory Road Condition Traffic Data Bridges Inventory Bridges Condition Long Term Strategic Road Plan Multi -Year Work Program Detailed Project Level Appraisal
ROAD ASSET DATABASE ROAD INVESTMENT DECISION SUPPORT TOOLS
HDM4
Policies Standards Research
INPUTS
OUTPUTS

14

Road Asset Data Decision Support Tools Reporting Tools Investment Studies
location reference inventory condition traffic financial data geospatial data Strategic analysis Policy research
Asset reports
tabular distance charts time charts summary graphs maps
Policy studies Network strategies
Data Access
Investment Analysis reports

summary detail graphical map-based
Research Studies
Works programs
planning data network policies works standards model default data model calibration
Works Programming
Custom queries
Project Evaluation
Network Performance Analysis
Performance reports
Project evaluations Asset performance feedback
investment study results
asset state financial user impact value for money

15

The decision support system should: support Planning, Programming, Preparation and Policy Research functions present relevant, reliable, up to date information predict future impacts on the transport system and its users compare competing investment or policy choices consider both the infrastructure and the community
16

The decision support system should: allow for new work, maintenance and upgrading provide a reliable calibrated modeling capability assess investment impacts over life cycles provide monetary and non-monetary measures of investment effectiveness prioritise investment candidates identify optimum choices between alternative investments
17
HDM-4 in the Decision Framework

Road Asset Data Decision Support Tools Reporting Tools Investment Studies
location reference inventory condition traffic financial data geospatial data Strategic analysis Policy research
Asset reports
tabular distance charts time charts summary graphs maps
Policy studies Network strategies
Data Access
Investment Analysis reports

summary detail graphical map-based
Research Studies
Works programs
planning data network policies works standards model default data model calibration
Works Programming
Custom queries
Project Evaluation
Network Performance Analysis
Performance reports
Project evaluations Asset performance feedback
investment study results
asset state financial user impact value for money

18
Integrating HDM-4 into Road Management Systems

Data links to the Road Asset Database
Vehicle fleet characteristics Work standards reflecting management policies, standards Unit costs for works and user operations Model configuration data Reliable local model calibrations Links to query, presentation and reporting tools

25

26

Road Investment Decision Framework: Neil Robertson PIARC ISOHDM Project Coordinator

Загружено:

Сведения о документе

Исходное описание:

Оригинальное название

Авторское право

Доступные форматы

Поделиться этим документом

Поделиться или встроить документ

Параметры публикации

Этот документ был вам полезен?

Это неприемлемый материал?

Авторское право:

Доступные форматы

Road Investment Decision Framework: Neil Robertson PIARC ISOHDM Project Coordinator

Загружено:

Авторское право:

Доступные форматы

Road Investment Decision Framework

Neil Robertson PIARC ISOHDM Project Coordinator