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    Decision Support Framework for Infrastructure Maintenance Investment Decision Making

    Source: Journal of Management in Engineering:;2016:;Volume ( 032 ):;issue: 001
    Author:
    Farrukh Arif
    ,
    Mehmet Emre Bayraktar
    ,
    Arindam G. Chowdhury
    DOI: 10.1061/(ASCE)ME.1943-5479.0000372
    Publisher: American Society of Civil Engineers
    Abstract: Public infrastructure management agencies in the United States are facing multiple challenges, including aging infrastructure, reduction in capacity of existing infrastructure, and limited funds for the maintenance of infrastructure. Limited funding makes infrastructure maintenance investment decision making a challenging task. Generally, such decisions are based only on physical condition. However, for better utilization of limited funds, multiple decision parameters such as strategic importance, socioeconomic contribution, and infrastructure utilization in addition to physical condition should be considered for infrastructure maintenance investments decisions. Considering this context, a decision support framework for infrastructure maintenance investment decision making is presented in this paper. The framework measures performance of candidate infrastructure [i.e., candidate for maintenance, repair, and rehabilitation (MRR)] based on the previously mentioned multiple decision parameters. Multiattribute utility theory (MAUT), Markov decision process (MDP), and portfolio management approach have been adopted to provide decision support outcomes including performance curves, decision logic maps, and network-level maintenance investment plan. The framework has been implemented through case study on a set of bridges candidates for MRR investment.
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      Decision Support Framework for Infrastructure Maintenance Investment Decision Making

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    contributor authorFarrukh Arif
    contributor authorMehmet Emre Bayraktar
    contributor authorArindam G. Chowdhury
    date accessioned2017-05-08T22:31:47Z
    date available2017-05-08T22:31:47Z
    date copyrightJanuary 2016
    date issued2016
    identifier other48523682.pdf
    identifier urihttp://yetl.yabesh.ir/yetl/handle/yetl/82081
    description abstractPublic infrastructure management agencies in the United States are facing multiple challenges, including aging infrastructure, reduction in capacity of existing infrastructure, and limited funds for the maintenance of infrastructure. Limited funding makes infrastructure maintenance investment decision making a challenging task. Generally, such decisions are based only on physical condition. However, for better utilization of limited funds, multiple decision parameters such as strategic importance, socioeconomic contribution, and infrastructure utilization in addition to physical condition should be considered for infrastructure maintenance investments decisions. Considering this context, a decision support framework for infrastructure maintenance investment decision making is presented in this paper. The framework measures performance of candidate infrastructure [i.e., candidate for maintenance, repair, and rehabilitation (MRR)] based on the previously mentioned multiple decision parameters. Multiattribute utility theory (MAUT), Markov decision process (MDP), and portfolio management approach have been adopted to provide decision support outcomes including performance curves, decision logic maps, and network-level maintenance investment plan. The framework has been implemented through case study on a set of bridges candidates for MRR investment.
    publisherAmerican Society of Civil Engineers
    titleDecision Support Framework for Infrastructure Maintenance Investment Decision Making
    typeJournal Paper
    journal volume32
    journal issue1
    journal titleJournal of Management in Engineering
    identifier doi10.1061/(ASCE)ME.1943-5479.0000372
    treeJournal of Management in Engineering:;2016:;Volume ( 032 ):;issue: 001
    contenttypeFulltext
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    نرم افزار کتابخانه دیجیتال "دی اسپیس" فارسی شده توسط یابش برای کتابخانه های ایرانی | تماس با یابش
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