This CSA will deliver a common approach that enables infrastructure authorities transparent, comparable decision making optimising performance/service levels , cost and (remaining) risk. The approach is applicable to all modes and spans from the individual asset to the network level. . The CSA will innovate the decision making by the authorities to the extent that they now can compare their organisation’s (decision making) processes and learn from each other’s strengths and experiences.. This in turn will enable significant reduction of failure costs as well as help communication with their end-users and wider; society as a whole, expressing benefits, such as:
• improved overall knowledge of the status and the comprehensive value of the infrastructure assets within and across the modes, as well as the planning of future maintenance needs; this information facilitates management decisions;
• relevant and objective information based on asset value that is accessible to all participants in the decision-making process, which helps improve information flows and relationships with shareholders on the basis of detailed factual information about transport infrastructure;
• improved understanding of the value created by the NIA in the long term, measured in terms of the overall increase/decrease in asset value, including the environmental asset in the immediate vicinity of the infrastructure ;
• improved control of maintenance expenditures, which gives NIAs greater knowledge of a specific section of the transport infrastructure network being maintained and the relevant time-frame. Clear interlinkages with expected Level of Service (LoS) and provision of a goal-driven system;
• increased capability of prioritisation of future expenditures/investments (both initial investment and future maintenance expenditures on e.g. renewal, safety and the environment) on the basis of the defined framework, taking into consideration all the intertwined elements from different management areas; consideration of maintenance options or combinations of optimum options in order to reach expected LoS and management objectives;
• enhanced evaluation of the risks involved in maintenance projects, also using 'what-if' and sensitivity analysis tools and outlining the 'cost of doing nothing' for NIAs and their stakeholders;
• potential for enhanced dialogue and negotiation with shareholders, based on relevant and comprehensive information, risk analysis, prioritisation, and interlinkages with LoS;
• potentially improved 'buy-in' from shareholders and other decision-making bodies, especially in terms of future budget allowances;
• effective benchmarking and best practice dissemination of NIAs' strategies and activities, based on the overall value of the transport infrastructure network.