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Risk based approaches for Asset inteGrity multimodal Transport Infrastructure ManagEment

Objective

An efficient asset management process is needed to ensure cost-effectiveness, in planning, delivery, operation and maintenance of large infrastructures or infrastructures network. Infrastructure asset management generally focuses on the later stages of a facility’s life cycle, specifically maintenance, rehabilitation, and replacement. However, a process of efficient asset management must define methods and tools for asset tracking, management of maintenance activity, determine the life cycle and replacement costs of the assets, assistance in determining funding strategies, optimizing capital investments in operation and maintenance, and help with the replacement of assets.
Currently, the procurement, design, construction, exploitation and public communication to the final users and society regarding to the land transport infrastructures are:
• not multimodal, not cross-assets, but focused on individual assets.
• not correctly linked, not being able to exchange information by different stakeholders.
• lack of a common risk based approach and the implementation of resilient concepts throughout the whole life cycle
The aim of the proposal is to establish a common framework for governance, management and finance of transport infrastructure projects in order to ensure the best possible return from limited investment funds in transport infrastructures
The main objective of RAGTIME is to develop, demonstrate and validate an innovative management approach and to lay out a whole system planning software platform, based on standard multiscale data models, able to facilitate a holistic management throughout the entire lifecycle of the infrastructure, providing an integrated view of risk based approach, implementing risk based models, resilient concepts and mitigation actions, with specific reference to climate change related threats perspective, and monitored with smart systems, in order to optimize ROI, management, guarantee LOS and improve resilience through maintaining the service.

Fields of science (EuroSciVoc)

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Programme(s)

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Topic(s)

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Funding Scheme

Funding scheme (or “Type of Action”) inside a programme with common features. It specifies: the scope of what is funded; the reimbursement rate; specific evaluation criteria to qualify for funding; and the use of simplified forms of costs like lump sums.

RIA - Research and Innovation action

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Call for proposal

Procedure for inviting applicants to submit project proposals, with the aim of receiving EU funding.

(opens in new window) H2020-MG-2014-2015

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Coordinator

FUNDACION TECNALIA RESEARCH & INNOVATION
Net EU contribution

Net EU financial contribution. The sum of money that the participant receives, deducted by the EU contribution to its linked third party. It considers the distribution of the EU financial contribution between direct beneficiaries of the project and other types of participants, like third-party participants.

€ 504 125,00
Address
PARQUE CIENTIFICO Y TECNOLOGICO DE BIZKAIA, ASTONDO BIDEA, EDIFICIO 700
48160 DERIO BIZKAIA
Spain

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Region
Noreste País Vasco Gipuzkoa
Activity type
Research Organisations
Links
Total cost

The total costs incurred by this organisation to participate in the project, including direct and indirect costs. This amount is a subset of the overall project budget.

€ 504 125,00

Participants (13)

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