08 May '18, 6pm

#Pamplona 4 Ways Transit Agencies Can Amp Up Asset Management

Traditional asset management systems typically take a simplistic view of asset life, and do not incorporate performance and cost measures to assist asset managers in optimizing their capital strategies. For vehicles, this has taken the form of replacing them once they reach a certain age, such as standard transit buses every 12 years. With this approach, there is no accounting for the environment the asset was used in or community safety impacts related to keeping older vehicles in service. For this reason, it is possible that the bus being replaced at the 12-year interval may have had several operating years left. Or, it may have been long overdue for replacement due to the particular application that resulted in high mileage in comparison to the usage that is assumed for the standard replacement interval. When a culture of asset management exists in an agency, there is a...

Full article: http://www.metro-magazine.com/technology/article/728423/4...

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