Subjects addressed:Inventory and Condition Assessment, Life Cycle Costing/Economic Analysis
Topics addressed:Analytical Tools and Models
Asset types addressed:Bridge, Drainage and Stormwater, General, Pavement, Pavement Markings and Rumble Strips, Retaining Walls, Traffic Barriers, Traffic Signals, Traffic Signs
DetailTitle: Estimating Life Expectancies of Highway Assets. Volume 2: Final Report
Resource type: Research Report
Year published: 2012
Publisher: Transportation Research Board
This two-volume report provides a methodology for estimating the life expectancies of major types of highway system assets, in a form useful to state departments of transportation (DOTs) and others, for use in lifecycle cost analyses that support management decision making. Volume 1 is a guidebook for applying the methodology in DOT asset management policies and programs. Volume 2 describes the technical issues and data needs associated with estimating asset life expectancies and the practices used in a number of fields—such as the energy and financial industries—to make such estimates.