Print Email Facebook Twitter Use of a future maintenance demand indicator for network level asset management decision making Title Use of a future maintenance demand indicator for network level asset management decision making Author van Meerveld, H. (TNO) Schoenmaker, R. (TU Delft Integral Design & Management) Wessels, J.F.M. (TNO) Wessels, J. (Ministry of Infrastructure and the Environment) Contributor Bakker, Jaap (editor) Frangopol, Dan M. (editor) van Breugel, Klaas (editor) Date 2017 Abstract This paper discusses the development and first testing of a valid, reliable, functional and simple indicator, that represents the long term effect of short term decisions. Such an indicator can assist counteracting short term views in network level asset management decision making. Short-termism or myopia may occur in cases where service level agreements (SLA) are made upon for shorter time frames than the typical lifecycles of transport infrastructure. The developed indicator indicates the “discounted future maintenance demand” (DFMD) for a time period stretching beyond the initial agreement period (expressed in a monetary value). The main assumption here is that the effect of short term decisions are reflected in the future maintenance demand. The indicator was applied in a case using existing data and information sources. Use of the DFMD, together with other (related) indicators provides valuable insight in understanding long term effects of short term decisions. To reference this document use: http://resolver.tudelft.nl/uuid:f3e7dc6c-5d2e-43d1-9941-29a7b6fb23c7 Publisher Taylor and Francis ISBN 978-1-138-02847-0 Source Proceedings of the 5th International Symposium on Life-Cycle Civil Engineering: IALCCE 2016, Life-Cycle of Engineering Systems: Emphasis on Sustainable Civil Infrastructure, Delft, The Netherlands Event 5th International Symposium on Life-Cycle Engineering, 2016-10-16 → 2016-10-20, Delft, Netherlands Series Life-Cycle of Civil Engineering Systems Part of collection Institutional Repository Document type conference paper Rights © 2017 H. van Meerveld, R. Schoenmaker, J.F.M. Wessels, J. Wessels Files PDF Meerveld_LCC_SLA_paper_v3.0.pdf 266.13 KB Close viewer /islandora/object/uuid:f3e7dc6c-5d2e-43d1-9941-29a7b6fb23c7/datastream/OBJ/view