conference paper

Prioritization, inventory planning and budgeting for road management resources: A case study of south Korea

Proceedings of the 94th annual meeting of the transportation research board

Publication Date

January 1, 2015

Author(s)

Abstract

Over the past three years the authors have extended their earlier work developing multicriteria decision making tools using Analytic Hierarchy Process methods to transportation systems management to several related case studies in South Korea. With access to key historical data and the cooperation of important government agencies, the authors have developed new methodologies for determining how equipment should be shared among neighboring agencies; and how equipment inventories and purchase costs should be determined on a year to year basis; how resource allocation decisions related to road based environmental sensor stations should be addressed; and how bicycle route construction and improvement priorities should established. The development of these tools has been documented in several recent papers. In this paper the authors briefly describe these tools, discuss their use these related projects fit together into an overall road management framework. The authors’ hope is that this research can help to establish a novel road management framework that can incorporate the desires of multiple public and private sector stakeholders.

Suggested Citation
Choong Heon Yang, In Su Kim and Amelia C. Regan (2015) “Prioritization, inventory planning and budgeting for road management resources: A case study of south Korea”, in Proceedings of the 94th annual meeting of the transportation research board, p. 13p.