Banverket (‘the National Swedish Railway Administration') is responsible for management of the infrastructure in Sweden. The main objective of Banverket, stated by the Swedish government, is to assure a cost-effective and long-term provision of transportation for citizens and the business sector. In order to stay competitive with other forms of transportation, the railway needs to be cost-effective and provide reliable service. The reliable service is to a great extent reflected in terms of train punctuality. Railway components in general have a fairly long life, which means that the cost effectiveness of the transportation system is highly dependent on the effectiveness (doing the right things) and the efficiency (doing the things right) o...