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Assessment of social effects in asset managementDarko Kokot,
Alfred Weninger-Vycudil, 2021, published scientific conference contribution
Abstract: The transnational European CEDR project ISABELA (Integration of social aspects and benefits into lifecycle asset management) was launched to define a common basis for social impact assessment in asset management. The aim was to define a holistic asset management framework for social key performance indicators (S-KPIs) and to model social benefits in terms of social effects (monetary and non-monetary), social backlog and social risk. These project results are becoming increasingly important in the context of evaluating different maintenance strategies for road infrastructure networks. While decision makers need to present the consequences of their maintenance strategies and policies on both technical and social levels, ISABELA showed how social aspects can be an integrated part in asset management frameworks, how to present social impacts and how to discuss maintenance needs using social aspects. The project aimed to identify clear and justifiable social key performance indicators in combination with existing technical parameters, taking into account different stakeholders and their needs and expectations. To this end, ISABELA considers maintenance aspects such as traffic availability, disturbance and efficiency (travel time, vehicle operating costs, etc.), road safety (fatal and serious accidents related to asset condition), environment (noise, air pollution, natural resources, etc.) and socio economy (asset value, wider social effects, etc.). In addition to the S-KPIs, ISABELA proposed a decision-making process for the selection of appropriate parameters and models, and demonstrated the assessment of social effects with practical examples.
Keywords: CEDR, ISABELA
Published in DiRROS: 25.01.2024; Views: 158; Downloads: 96
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