Return on Investment in Transportation Asset Management Systems and Practices (2018) / Chapter Skim
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Pages 109-110
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From page 109... ...
109 The research and methods described in this guidebook present a framework for calculating the ROI of a TAM system or process improvement, such as implementation of a new asset management system, data collection program, or business process improvement. This framework describes various types of costs that may result from implementing a new system or improved business process; the range of agency, user, and social benefits that may result from the investment; and the basic economic concepts involved in translating these costs and benefits into an overall return.
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From page 110... ...
110 Return on Investment in Transportation Asset Management Systems and Practices may be merited to analyze other cases of TAM implementation to better define the benefits realized and factors most closely associated with success or failure of an implementation effort. The time series analysis approach used for the southern state case study has significant potential; it could be employed in cases where sufficient data are available before and after TAM implementation to support analysis.
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