Pavement Management Accounting System

In this paper, a pavement management accounting system (PMAS) is presented as a method for controlling the life cycle costs of road pavement. The aim of the PMAS is to provide decision makers with planning information regarding repair strategies and accounting information on asset values, with the aim of achieving efficient asset management of road pavement. This paper represents implementation of an integrated pavement system with an accounting system. This integration makes it possible to provide justification for a specific budget request on the basis of standard cost accounting information. Moreover, it links pavement deterioration explicitly to asset depreciation, which makes it possible to combine engineering and accounting information within the same analysis. By comparing the pros and cons of the three alternative methods of accounting, the authors conclude that deferred maintenance accounting is most likely to result in the efficient asset management of road pavement. The PMAS for asset management is constructed and implemented by applying the maintenance accounting scheme. The validity of the PMAS presented in this paper is investigated through case studies conducted for Mie Prefecture.

• Availability:
  • Find a library where document is available. Order URL: http://worldcat.org/issn/10760342
• Authors:
  • Kobayashi, Kiyoshi
  • Ejiri, Ryo
  • Do, Myungsik
• Publication Date: 2008-6

Language

• English

Media Info

• Media Type: Print
• Features: Figures; References; Tables;
• Pagination: pp 159-168
• Serial:
  • Journal of Infrastructure Systems
  • Volume: 14
  • Issue Number: 2
  • Publisher: American Society of Civil Engineers
  • ISSN: 1076-0342
  • EISSN: 1943-555X
  • Serial URL: http://ascelibrary.org/journal/jitse4

Subject/Index Terms

• TRT Terms: Accounting; Asset management; Case studies; Engineering; Life cycle costing; Maintenance; Pavement management systems; Pavements; Planning
• Uncontrolled Terms: Asset valuation
• Geographic Terms: Japan
• Subject Areas: Administration and Management; Design; Finance; Highways; Maintenance and Preservation; Pavements; Planning and Forecasting; I10: Economics and Administration; I22: Design of Pavements, Railways and Guideways;

Filing Info

• Accession Number: 01103059
• Record Type: Publication
• Files: TRIS
• Created Date: Jun 24 2008 7:44AM