Asset Management

Cover of Investment Prioritisation Templates and User Guide
Investment Prioritisation Templates and User Guide
  • Publication no: AP-R653-21
  • ISBN: 978-1-922382-70-2
  • Published: 30 June 2021

This user guide provides guidance on the Investment Prioritisation Templates. The templates are designed to help road authorities consider an investment opportunity through multiple dimensions, such as the benefits of the project, and risk with and without the project.

Three templates are available covering:

  • maintenance of road surface
  • maintenance of bridges and other structures
  • maintenance of traffic lights and signs.

The templates are designed to produce the following outputs:

  • economic metrics, such as net present value  (NPV) and benefit cost ratio (BCR) of an investment
  • performance outcomes, comprising fatalities  avoided and hours of travel time saved
  • risk outcomes, measured through risk scores  with and without investment
  • asset condition rating, as defined by the road  authority with and without the investment.

Download the templates

Prioritisation Template: Road Surfaces [239 XLSX]

Prioritisation Template: Bridges [309 XLSX]

Prioritisation Template: Traffic Lights and Signs [238 XLSX]

  • Summary
  • 1. Maintenance of Road Surface
    • 1.1 The benefits of maintaining the road surface
    • 1.2 User inputs and template outputs
    • 1.3 Application to unsealed roads
  • 2. Bridges and Other Structures
    • 2.1 The benefits of maintaining the bridges and other structures
    • 2.2 User inputs and template outputs
  • 3. Traffic Lights and Signs
    • 3.1 The benefits of maintaining the traffic lights and signs
    • 3.2 User inputs and template outputs
  • Appendix A Key Assumptions Used in the Templates
    • A.1 Key assumptions that apply to all three templates
    • A.2 Key assumptions that apply to particular templates
  • Appendix B Decision-making Template