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58 practical results that reflect the overall findings of Proj- of different truck loadings for variations in soil and ect 20-57: snowfall conditions. · A full tutorial example of how to use both Asset- Manager tools in combination, using work tracking as Full Benefits and Costs of Alternative the linkage; Investments · A set of guidelines for project data structures that sup- port the ability to analyze the aggregate performance of Initial interviews identified the following needs for under- a proposed program of projects--and that, therefore, are standing the full benefits and costs of alternative investments: consistent with AssetManager PT (These guidelines also should consider integration of actual cost and per- · Additional research to adequately represent failure costs formance data for completed projects, thereby closing in bridge management systems from a risk analysis the asset management feedback loop.); and perspective; · Sample interface tools (analogous to the NT robot tools) · Analytical capabilities to assess freight-related and eco- that take work candidates from Pontis and HERS/ST nomic development impacts and benefits of multimodal (or other systems) and populate portions of the Asset- investment alternatives; Manager PT data structure. · Improved ability to calculate economic benefit for a pro- gram of projects; · Improved capabilities to analyze the benefits and costs 7.5 REMAINING GAPS IN ANALYTICAL TOOLS of new interchanges; FOR ASSET MANAGEMENT · Improved capabilities to analyze the benefits and costs of drainage projects; and Although this project has made significant progress in · Tools that focus on impacts on customers and users addressing gaps in decision support tools for tradeoff analy- rather than facility condition. sis, many needs identified in the initial interviews still remain. These needs (detailed in Section 4, Table 7, and summarized in the following subsections) are best tackled with efforts on multiple fronts: enhancements to existing tools now in Resource Allocation Decisions use (e.g., commercial, federal, and customized); develop- ment of new special-purpose tools; and focused data gather- Initial interviews identified the following needs for sup- ing and additional research and development at the national porting resource allocation decisions: level to develop and improve the data and analytical rela- · Development of performance measures that facilitate tionships that form the core of credible and useful tools. comparisons across project types; · New tools that allow agencies to incorporate considera- Asset Preservation Strategies tion of policy initiatives (e.g., passing lanes and upgrades to roads with seasonal weight restrictions) within the Initial interviews identified the following needs for devel- condition-based needs assessment method used by man- oping asset preservation strategies: agement systems; and · Tool or approach to overlay customer satisfaction and · Improved base of data and models based on actual expe- priorities with engineering decisions for use in program rience that can be used to quantify life-extension impacts planning and prioritization. and benefits of routine and preventive maintenance; · Improved analysis and reporting capabilities within indi- vidual asset management systems to better support the Other Asset Management ability to Analyze and present benefits of preventive mainte- Initial interviews identified the following needs for expand- nance, ing analysis capabilities beyond pavement and bridges: Determine life-cycle cost and condition-related out- comes from different levels of maintenance expendi- · Tools for tracking ITS equipment condition, replace- tures, and ment needs, and life-cycle costs; Demonstrate the value of keeping an asset at a given · Tools for equipment management, buildings, and other condition level (for all assets); and physical assets not covered by standard management · Network-level what-if analysis tool to understand impacts systems; and on pavement lives (and corresponding investment needs) · Tools for transit life-cycle cost analysis.
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59 Monitoring and Feedback Support ties and add-ons (possibly using outputs from bid tabu- lations or maintenance management systems). Such Initial interviews identified the following needs for sup- tools would use activity-based costing to separate out porting monitoring and feedback activities: different project elements (e.g., paving versus safety improvements); · Improved tracking of the impacts of maintenance on · Tool to tie together capital and betterment investments facility life; by asset type and location (for GASB-34 requirements); · Tools that provide improved accuracy of cost estimates · Cradle-to-grave project tracking systems; and used in needs, project evaluation, prioritization, and pro- · Query tools to provide easy access to estimated versus gram tradeoffs and that account for typical project ameni- actual costs, experience, and lessons learned.