CITY ROAD ASSET MANAGEMENT SYSTEM
Author(s):
AKSHAY BABASAHEB SHEWALE, Prof. Ashish Waghmare, Dr. Nagesh Shelke
Keywords:
Smart City, Pune, RAMs, Asset management systems
Abstract
There are a large number of efforts around the world to obtain more net benefits from road infrastructure assets. The road network constitutes one of the largest community assets and is predominately government-owned. Road administrations must maintain, operate, improve, replace and preserve this asset while, at the same time, carefully managing the scarce financial and human resources needed to achieve these objectives. All of this is accomplished under the close scrutiny of the public who pay for and are regular users of the road network, and who increasingly demand improved levels of service in terms of safety, reliability, environmental impact and comfort. Asset management as applied to the roads sector represents “a systematic process of maintaining, upgrading and operating assets, combining engineering principles with sound business practice and economic rationale, and providing tools to facilitate a more organized and flexible approach to making the decisions necessary to achieve the public’s expectations”. Governments are placing greater pressures on road administrations to improve the efficiency of, and accountability for, the management of the road network. Indeed, in many countries, local highway authorities face formal accountability and reporting requirements on how they manage their assets. Asset management systems offer the prospect of significantly improving road network management outcomes. This report is a review of asset management systems as applied to the roads sector and an analysis of the responses to a survey conducted among those countries represented on Working Group on Asset Management Systems.
Article Details
Unique Paper ID: 149706

Publication Volume & Issue: Volume 7, Issue 1

Page(s): 350 - 354
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Last Date 25 August 2020

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