COST EFFECTIVENESS AS A MEASURE FOR SETTING MAINTENANCE LEVELS AND PRIORITIES

THE SYSTEMS APPROACH AND COST EFFECTIVENESS ANALYSIS TECHNIQUES ARE REVIEWED IN REGARD TO HIGHWAY MAINTENANCE OPERATIONS. THE FORMS TO MEASURE ANALYSIS OF COST EFFECTIVENESS AND THE PROBLEMS THAT WILL BE ENCOUNTERED IN CARRYING THEM THROUGH ARE BRIEFLY EXPLORED. TECHNIQUES FOR MAKING COST EFFECTIVENESS STUDIES ARE CLASSIFIED IN THREE GENERAL CATEGORIES: (1) THOSE SITUATIONS WHERE A STANDARD OF QUALITY OR QUANTITY HAS BEEN FIXED BY HIGHER AUTHORITY AND WHERE NO DIFFERENCES IN FACTORS AFFECTING CAPITAL INVESTMENTS ARE INVOLVED, (2) THOSE SITUATIONS WHERE A STANDARD OF QUANTITY OR QUALITY HAS BEEN FIXED BY HIGHER AUTHORITY, BUT WHERE CAPITAL INVESTMENTS AS WELL AS ANNUAL EXPENDITURES ARE INVOLVED, AND (3) THOSE SITUATIONS WHERE THE STANDARD OF QUALITY OF MAINTENANCE IS SUBJECT TO QUESTION AND WHERE, IN ADDITION, ALTERNATIVE PROCEDURES MAY OR MAY NOT BE FOLLOWED TO ACCOMPLISH THE DIFFERENT STANDARDS. THE QUESTION IS EXAMINED OF GIVING DECISIONS REGARDING HIGHWAY MAINTENANCES GREATER SENSITIVITY TO THE WISHES OF THE PUBLIC. COST EFFECTIVENESS IS LOOKED UPON AS AN ADVANCED AND VALUABLE AID TO DECISION MAKING AND AS A FRUITFUL AREA FOR RESEARCH AND DEVELOPMENT.

Media Info

  • Media Type: Print
  • Features: Figures; References;
  • Pagination: pp 37-42
  • Monograph Title: Maintenance Management
  • Serial:

Subject/Index Terms

Filing Info

  • Accession Number: 00201625
  • Record Type: Publication
  • Files: TRIS, TRB, ATRI
  • Created Date: Feb 10 1994 12:00AM