TRB's National Cooperative Highway Research Program (NCHRP) Research Report 866: Return on Investment in Transportation Asset Management Systems and Practices explores how transportation agencies manage their transportation assets, and provides guidance for evaluating the return on investment for adopting or expanding transportation asset management systems in an agency.
As the term is most generally used, transportation asset management (TAM) entails the activities a transportation agency undertakes to develop and maintain the system of facilities and equipment—physical assets such as pavements, bridges, signs, signals, and the like—for which it is responsible. Based on the research team’s work and the experiences of these agencies and others, the researchers describe a methodology that an agency may use to assess their own experience and to plan their investments in TAM system development or acquisition.
A spreadsheet accompanies the research report helps agencies evaluate the return-on-investment of TAM systems.The tool allows users to summarize data from various simulation tools. The calculator also includes factors and procedures from the Highway Economic Requirements System State Version (HERS-ST) to estimate user benefits for pavement projects. It does not estimate user benefits for bridge projects.
This software is offered as is, without warranty or promise of support of any kind either expressed or implied. Under no circumstance will the National Academy of Sciences, Engineering, and Medicine or the Transportation Research Board (collectively "TRB") be liable for any loss or damage caused by the installation or operation of this product. TRB makes no representation or warranty of any kind, expressed or implied, in fact or in law, including without limitation, the warranty of merchantability or the warranty of fitness for a particular purpose, and shall not in any case be liable for any consequential or special damages.
Table of Contents
|Chapter 1 - Introduction||1-2|
|Chapter 2 - Framework for Estimating ROI||3-25|
|Chapter 3 - Case Studies||26-40|
|Chapter 4 - ROI Calculation Guidance||41-65|
|Chapter 5 - Using the ROI Calculator (ROI Tool)||66-108|
|Chapter 6 - Conclusions||109-110|
|Appendix A - Literature Review||111-122|
|Appendix B - Annotated Bibliography||123-139|
|Appendix C - ROI Framework and Guidance References by Topic||140-143|
|Appendix D - HERS-ST Parameter Values for the Western State Case Study||144-144|
|Appendix E - Description of the Southern State Case Study||145-156|
|Appendix F - Pilot of ROI Guidance and ROI Calculation Tool (ROI Tool)||157-166|
|Appendix G - Supplemental Guidance on Use of Simulation Results in ROI Analysis||167-173|
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