Serbia Railways Asset Management Plan Using Life-Cycle Costs

The objective of the World Bank’s technical assistance (TA) in the asset management planning ofSerbia’s railways, using the life-cycle cost (LCC) method, is to improve the condition of key track infrastructure in the country. The appropriate use of...

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Main Author: World Bank
Format: Report
Language:English
Published: World Bank, Washington, DC 2020
Subjects:
Online Access:http://documents.worldbank.org/curated/en/726091593064265592/Serbia-Railways-Asset-Management-Plan-Using-Life-Cycle-Costs
http://hdl.handle.net/10986/34162
id okr-10986-34162
recordtype oai_dc
spelling okr-10986-341622021-05-25T09:57:18Z Serbia Railways Asset Management Plan Using Life-Cycle Costs World Bank RAILWAYS INFRASTRUCTURE PLANNING LIFECYCLE RAIL ASSET The objective of the World Bank’s technical assistance (TA) in the asset management planning ofSerbia’s railways, using the life-cycle cost (LCC) method, is to improve the condition of key track infrastructure in the country. The appropriate use of the LCC model would enable Serbian Railways Infrastructure (Infrastruktura Zeleznice Srbije, IZS) to optimize the use of the scarce financial resources available for maintaining track infrastructure. The LCC model offers a simple and inexpensive way to estimate the longevity and condition of track infrastructure and the costsassociated with its renewal and maintenance. This is important, as the model’s concepts and principles form the foundation for the establishment of a more advanced rail asset management(RAM) system. This TA introduces this capacity in IZS, with a focus on track infrastructure, and thus, paves the way for further advances in RAM, which ideally will cover all rail system components (structures, signaling, rolling stock, and others). This report describes the LCC model, as it is applied to managing track assets; outlines the steps followed during the TA to transfer requisite knowledge to IZS; and recommends how IZS might solidify the implementation of the LCC model. The report concludes with recommended next steps and offers guidance for other countries seeking to improve the sustainability of their rail infrastructure. 2020-07-22T18:09:12Z 2020-07-22T18:09:12Z 2020-05-09 Report http://documents.worldbank.org/curated/en/726091593064265592/Serbia-Railways-Asset-Management-Plan-Using-Life-Cycle-Costs http://hdl.handle.net/10986/34162 English CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Washington, DC Economic & Sector Work Economic & Sector Work :: Other Infrastructure Study Europe and Central Asia Serbia
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
topic RAILWAYS
INFRASTRUCTURE PLANNING
LIFECYCLE
RAIL ASSET
spellingShingle RAILWAYS
INFRASTRUCTURE PLANNING
LIFECYCLE
RAIL ASSET
World Bank
Serbia Railways Asset Management Plan Using Life-Cycle Costs
geographic_facet Europe and Central Asia
Serbia
description The objective of the World Bank’s technical assistance (TA) in the asset management planning ofSerbia’s railways, using the life-cycle cost (LCC) method, is to improve the condition of key track infrastructure in the country. The appropriate use of the LCC model would enable Serbian Railways Infrastructure (Infrastruktura Zeleznice Srbije, IZS) to optimize the use of the scarce financial resources available for maintaining track infrastructure. The LCC model offers a simple and inexpensive way to estimate the longevity and condition of track infrastructure and the costsassociated with its renewal and maintenance. This is important, as the model’s concepts and principles form the foundation for the establishment of a more advanced rail asset management(RAM) system. This TA introduces this capacity in IZS, with a focus on track infrastructure, and thus, paves the way for further advances in RAM, which ideally will cover all rail system components (structures, signaling, rolling stock, and others). This report describes the LCC model, as it is applied to managing track assets; outlines the steps followed during the TA to transfer requisite knowledge to IZS; and recommends how IZS might solidify the implementation of the LCC model. The report concludes with recommended next steps and offers guidance for other countries seeking to improve the sustainability of their rail infrastructure.
format Report
author World Bank
author_facet World Bank
author_sort World Bank
title Serbia Railways Asset Management Plan Using Life-Cycle Costs
title_short Serbia Railways Asset Management Plan Using Life-Cycle Costs
title_full Serbia Railways Asset Management Plan Using Life-Cycle Costs
title_fullStr Serbia Railways Asset Management Plan Using Life-Cycle Costs
title_full_unstemmed Serbia Railways Asset Management Plan Using Life-Cycle Costs
title_sort serbia railways asset management plan using life-cycle costs
publisher World Bank, Washington, DC
publishDate 2020
url http://documents.worldbank.org/curated/en/726091593064265592/Serbia-Railways-Asset-Management-Plan-Using-Life-Cycle-Costs
http://hdl.handle.net/10986/34162
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