Subjects addressed:Life Cycle Costing/Economic Analysis, Maintenance and Preservation, Resource Allocation and Program Development
Topics addressed:Analytical Tools and Models
Asset types addressed:Bridge, General, Pavement
DetailTitle: Resource Allocation Logic Framework to Meet Highway Asset Preservation
Resource type: Research ReportTool
Year published: 2012
Publisher: Transportation Research Board
This report presents a logic framework for allocating limited highway asset preservation funds among competing demands to achieve high levels of system performance. The report also presents a spreadsheet-based computational tool that implements the framework. The tool uses linear programming optimization to allocate resources across asset classes or geographic regions, subject to constraints that typically must be considered in such decisionmaking, to achieve target asset performance or condition levels. Prototypical application scenarios and case-study examples illustrate how transportation agency staff may use the framework to assist resource allocation decisionmaking.