A Case Study about Road Asset Valuation and Management: Finland
Introduction for Road Asset Management: Roads have been managed by engineering for a long time. Pavement Management Systems (PMS) are the first systems, which were taken into practical use by road administrations in 1980’s. These systems have usually been applied for paved road networks only, and the analyses have been based mostly on technical principles.
Pavement Management Systems have been utilised for programming, prioritisation and optimisation of road works. Development of Infrastructure Management Systems (IMS) has lead to more comprehensive road management. These systems have usually been generalisations of pavement management systems including other engineering structures such as bridges, road furniture, etc. into the analysis. Recently Infrastructure Management Systems have been integrated to Geographical Information Systems (GIS).
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