Development of transportation asset management decision support tools : final report.

PDFTech ReportFHWA/OH-2017-27SJN 134639Agreement Number 24753Asset managementDecision support systemsFinancingLife cycle costingManagement information systemsResource allocationTransportationAssetsDecisionsupporttradeoffUnited StatesOhio. Dept. of Transportation. Office of Statewide Planning and ResearchChou, Eddie Yein JuinUniversity of ToledoOhio. Dept. of Transportation. Office of Statewide Planning and ResearchUnited States. Federal Highway AdministrationUS Transportation CollectionThis study developed a web-based prototype decision support platform to demonstrate the benefits of transportation asset management in monitoring asset performance, supporting asset funding decisions, planning budget tradeoffs, and optimizing resource allocations. The goal is to build consensus and gain senior management support for implementing asset management throughout the Department, which requires investments for data collection and integration, standardization of process and definition, and management information system acquisition and implementation. A centralized transportation asset database that integrates data from various sources was built to support the data-driven decision support tools. This allows reports/presentations to be generated quickly and enables what-if analyses to be performed. A total of 23 functions were developed in five categories: inventory, condition, performance, investment, and planning. The tradeoff analysis function is developed for evaluating funding levels versus performance and cross-asset budget allocation decisions