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dc.contributorVirginia Tech. Virginia Tech Transportation Instituteen_US
dc.contributorAgileAssets Inc.en_US
dc.contributorUniversity of Waterloo. Department of Civil and Environmental Engineeringen_US
dc.contributorMcNeil, Sueen_US
dc.contributor.authorHudson, W. Ronalden_US
dc.contributor.authorHaas, Ralphen_US
dc.date.accessioned2015-08-11T18:46:24Z
dc.date.available2015-08-11T18:46:24Z
dc.date.issued2015-06-04en_US
dc.identifier.citationHudson, W. R., & Haas, R. (2015, June). Quantifying the benefits of good pavement asset management. Paper presented at the 9th International Conference on Managing Pavement Assets, Alexandria, VA. Presentation retrieved from www.apps.vtti.vt.edu/PDFs/icmpa9/session2/Hudson.pdfen_US
dc.identifier.urihttp://hdl.handle.net/10919/56390
dc.description.abstractIn the 1970s it became clear that pavements could not actually be designed for 30-50 year life; and that they had to be managed. It was found necessary to consider construction, maintenance, rehabilitation, and even reconstruction in the life of pavements, not just a design. The concept of pavement management was thus born. The authors have jointly about 8 decades of experience in pavement management, and, with others have seen many agencies and engineers realize the qualitative benefits of pavement management. As a result some states, provinces, counties, and cities have adopted PMS but many others have been reticent because we could not quantitatively show them the benefits of changing the way they do business. Defining benefit is required for pavement and asset management. Otherwise, agencies can feel they are doing a good job because they had done it that way for many years. In the last few years enough research and data collection have been done on active PMS programs to quantify the benefits of pavement management systems and to be able to calculate the benefit/cost ratios and/or the return on investments. In turn, this enables agencies to save large sums of public funds by adopting pavement management. This paper presents the results of 20 years of evaluations of PMS in several active agencies. It shows the benefit/cost ratios to range from $5 to $20 million for each $1 million spent on the pavement management process in their agency.en_US
dc.format.extent15 pagesen_US
dc.format.mimetypeapplication/pdfen_US
dc.language.isoen_USen_US
dc.relation.ispartof9th International Conference on Managing Pavement Assetsen_US
dc.titleQuantifying the Benefits of Good Pavement Asset Managementen_US
dc.title.alternativeQuantifying the Benefits of Pavement Asset Managementen_US
dc.typePresentationen_US
dc.description.notesPresented during Session 2: PMS and Urban Case Studies, moderated by Sue McNeil, at the 9th International Conference on Managing Pavement Assets (ICMPA9) in Alexandria, VAen_US
dc.description.notesIncludes conference paper and PowerPoint slides.en_US
dc.identifier.urlwww.apps.vtti.vt.edu/PDFs/icmpa9/session2/Hudson.pdfen_US
dc.date.accessed2015-07-01en_US
dc.type.dcmitypeTexten_US


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