Optimal Investment Decision-making for Highway Transportation Asset Management Under Risk and Uncertainty PDF Download

Author: Zongzhi Li
Publisher:
ISBN:
Category : Highway departments
Languages : en
Pages : 220

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Author: Zongzhi Li
Publisher: CRC Press
ISBN: 1482210533
Category : Technology & Engineering
Languages : en
Pages : 761

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Book Description
Transportation asset management delivers efficient and cost-effective investment decisions to support transportation infrastructure and system usage performance measured in economic, social, health, and environmental terms. It can be applied at national, state, and local levels. This distinctive book addresses asset management for multimodal transportation, taking account of system component interdependency, integration, and risk and uncertainty. It sets out rigorous quantitative and qualitative methods for addressing system goals, performance measures, and needs; data collection and management; performance modeling; project evaluation, selection, and trade-off analysis; innovative financing; and institutional issues. It applies as easily to static traffic and time-dependent or dynamic traffic which exists on a more local level. It is written for transportation planners, engineers, and academia, as well as a growing number of graduate students taking transportation asset management courses.

Author: Zongzhi Li
Publisher:
ISBN:
Category : Highway departments
Languages : en
Pages : 156

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Book Description

Author: Zongzhi Li
Publisher: CRC Press
ISBN: 1000518183
Category : Technology & Engineering
Languages : en
Pages : 254

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Book Description
World population growth and economic prosperity have given rise to ever-increasing demands on cities, transportation planning, and goods movement. This growth, coupled with a slower pace of transportation capacity expansion and deteriorated facility restoration, has led to rapid changes in the transportation planning and policy environment. These stresses are particularly acute for megacities where degradation of mobility and facility performance have reached alarming rates. Addressing these transportation challenges requires innovative solutions. Megacity Mobility grapples with these challenges by addressing transportation policy, planning, and facilities in a multimodal context. It discusses innovative short- and long-term solutions for meeting current and future mobility needs for the world’s most dynamic cities by addressing the influence of urban land use on mobility, 3D spiderweb transportation planning, travel demand management, multimodal transportation with flexible capacity, efficient capacity utilization driven by new technologies, innovative transportation funding and financing, and performance-based budget allocation using asset management principles. It discusses emerging issues, highlights potential challenges affecting proposed solutions, and provides policymakers, planners, and transportation professionals a road map to achieving sustainable mobility in the 21st century. Zongzhi Li is a professor and the director of the Sustainable Transportation and Infrastructure Research (STAIR) Center at Illinois Institute of Technology (IIT). Adrian T. Moore is vice president of policy at Reason Foundation in Washington, D.C., with focuses on privatization, transportation and urban growth, and more. Samuel R. Staley is the director of the DeVoe L. Moore Center in the College of Social Sciences and Public Policy at Florida State University.

Author: International Transport Forum
Publisher: OECD Publishing
ISBN: 9282108074
Category :
Languages : en
Pages : 140

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Book Description
This report addresses the fundamental challenges that climate change poses to infrastructure owners, who face two major challenges. First, they must ensure continued asset performance under sometimes significantly modified climate conditions that may decrease the present value of their networks ...

Author: American Association of State Highway and Transportation Officials
Publisher: AASHTO
ISBN: 156051499X
Category : Business & Economics
Languages : en
Pages : 458

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Book Description
Aims to encourage transportation agencies to address strategic questions as they confront the task of managing the surface transportation system. Drawn form both national and international knowledge and experience, it provides guidance to State Department of Transportation (DOT) decision makers, as well as county and municipal transportation agencies, to assist them in realizing the most from financial resources now and into the future, preserving highway assets, and providing the service expected by customers. Divided into two parts, Part one focuses on leadership and goal and objective setintg, while Part two is more technically oriented. Appendices include work sheets and case studies.

Author: Qiang Bai
Publisher:
ISBN:
Category : Highway departments
Languages : en
Pages : 100

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Author:
Publisher:
ISBN:
Category : Economic impact analysis
Languages : en
Pages : 40

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Book Description
This primer provides a foundation for understanding the role of economic analysis in highway decision making. It is oriented toward state and local officials who have responsibility for assuring that limited resources get targeted to their best uses and who must publicly account for their decisions. Economic analysis is presented as an integral component of a comprehensive infrastructure management methodology that takes a long-term view of infrastructure performance and cost. The primer encompasses a full range of economic issues, including economic fundamentals, life-cycle cost analysis, benefit-cost analysis, forecasting traffic for benefit calculations, risk analysis and economic impact analysis.

Author: Ioannis Dritsas
Publisher: BoD – Books on Demand
ISBN: 9533078294
Category : Computers
Languages : en
Pages : 492

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Book Description
Stochastic Optimization Algorithms have become essential tools in solving a wide range of difficult and critical optimization problems. Such methods are able to find the optimum solution of a problem with uncertain elements or to algorithmically incorporate uncertainty to solve a deterministic problem. They even succeed in fighting uncertainty with uncertainty. This book discusses theoretical aspects of many such algorithms and covers their application in various scientific fields.

Author: E Bekiaris
Publisher: Elsevier
ISBN: 9780080472577
Category : Transportation
Languages : en
Pages : 666

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Book Description
There are unique complexities associated with the economic valuation of Intelligent Transportation Systems (ITS) and telematics. Traditional methods of quantitative analysis may not be appropriate in accurately and reliably assessing the economic impacts of these technologies. Although advanced transportation and related technologies are being planned and deployed at an increasingly rapid pace, many of the technologies are still relatively new, and their use may not be widespread. Much of the initial information and statistics gathered have been anecdotal and have focused more on benefits rather than costs. Therefore, difficulties arise due to the lack of historical data and 'lessons learned' from which to draw upon. In addition, compared with traditional transportation infrastructure, ITS technologies have different life cycles, cost structures, and a number of interrelated elements. This book addresses these concerns and proposes new economic assessment techniques as well as modifications to existing ones. Included are case studies from a multitude of North American, European, and Asian nations and major metropolitan areas covering a wide range of ITS technologies including freeway management, electronic toll collection, advanced driver assistance systems, and traveller information systems.