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Levels Of Service
Levels of service (LOS) is a term in asset management referring to the quality of a given service. Defining and measuring levels of service is a key activity in developing infrastructure asset management plans. Levels of service may be tied to physical performance of assets or be defined via customer expectation and satisfaction. The latter is more service-centric rather than asset-centric. For instance, when measuring the LOS of a road, it could be measured by a physical performance indicator such as Pavement Condition Index (PCI) or by a measure related to customer satisfaction such as the number of complaints per month about that certain road section. Or in the case of traffic level of service, it could be measured by the geometry of road or by travel time of the vehicles, which reflects the quality of traffic flow. So, levels of service can have multiple facets: customer satisfaction, environmental requirements and legal requirements. Technical and strategic levels of serv ...
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IRI Progression
IRI or I.R.I. refers to: Businesses and organizations * Iringa Airport, an airport in Tanzania serving Iringa and the surrounding Iringa Region by IATA airport code * India Rejuvenation Initiative, an Indian anti-corruption organization formed by top bureaucrats and other dignitaries * Industrial Research Institute, a nonprofit association for the sharing of best practices in research and development * Innovative Routines International, Inc., an American software company specializing in data sorting, transformation, reporting, and privacy protection * Institut de Recherche et d'Innovation, a French research institute, founded by Centre Pompidou and now operated independently * Institutet för rättsinformatik (Law and Informatics Research Institute), a Swedish research body examining relationships between law and IT * Intellectual Reserve, Inc., a legal entity of The Church of Jesus Christ of Latter-day Saints * International Registries, Inc., a company that arranges tax and ...
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Asset Management
Asset management is a systematic approach to the governance and realization of value from the things that a group or entity is responsible for, over their whole life cycles. It may apply both to tangible assets (physical objects such as buildings or equipment) and to intangible assets (such as human capital, intellectual property, goodwill or financial assets). Asset management is a systematic process of developing, operating, maintaining, upgrading, and disposing of assets in the most cost-effective manner (including all costs, risks, and performance attributes). The term is commonly used in the financial sector to describe people and companies who manage investments on behalf of others. Those include, for example, investment managers that manage the assets of a pension fund. It is also increasingly used in both the business world and public infrastructure sectors to ensure a coordinated approach to the optimization of costs, risks, service/performance, and sustainability. IS ...
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Infrastructure Asset Management
Infrastructure asset management is the integrated, multidisciplinary set of strategies in sustaining public infrastructure assets such as water treatment facilities, sewer lines, roads, utility grids, bridges, and railways. Generally, the process focuses on the later stages of a facility's life cycle, specifically maintenance, rehabilitation, and replacement. Asset management specifically uses software tools to organize and implement these strategies with the fundamental goal to preserve and extend the service life of long-term infrastructure assets which are vital underlying components in maintaining the quality of life in society and efficiency in the economy.Cagle, R. F. (2003). "Infrastructure Asset Management: An Emerging Direction". ''AACE International Transactions''. In the 21st century, climate change adaptation has become an important part of infrastructure asset management competence. Term Infrastructure asset management is a specific term of asset management focusing o ...
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Asset
In financial accountancy, financial accounting, an asset is any resource owned or controlled by a business or an economic entity. It is anything (tangible or intangible) that can be used to produce positive economic value. Assets represent value of ownership that can be converted into cash (although cash itself is also considered an asset). The balance sheet of a firm records the monetaryThere are different methods of assessing the monetary value of the assets recorded on the Balance Sheet. In some cases, the ''Historical Cost'' is used; such that the value of the asset when it was bought in the past is used as the monetary value. In other instances, the present fair market value of the asset is used to determine the value shown on the balance sheet. value of the assets owned by that firm. It covers money and other valuables belonging to an individual or to a business. Assets can be grouped into two major classes: Tangible property, tangible assets and intangible assets. Tangible ...
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Road
A road is a linear way for the conveyance of traffic that mostly has an improved surface for use by vehicles (motorized and non-motorized) and pedestrians. Unlike streets, the main function of roads is transportation. There are many types of roads, including parkways, avenues, controlled-access highways (freeways, motorways, and expressways), tollways, interstates, highways, thoroughfares, and local roads. The primary features of roads include lanes, sidewalks (pavement), roadways (carriageways), medians, shoulders, verges, bike paths (cycle paths), and shared-use paths. Definitions Historically many roads were simply recognizable routes without any formal construction or some maintenance. The Organization for Economic Co-operation and Development (OECD) defines a road as "a line of communication (travelled way) using a stabilized base other than rails or air strips open to public traffic, primarily for the use of road motor vehicles running on their own wheels", whic ...
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Level Of Service (transportation)
Level of service (LOS) is a qualitative measure used to relate the quality of motor vehicle traffic service. LOS is used to analyze roadways and intersections by categorizing traffic flow and assigning quality levels of traffic based on performance measure like vehicle speed, density, congestion, etc. In a more general sense, levels of service can apply to all services in asset management domain. Level-of-Service in the United States of America The following section pertains to only North American highway LOS standards as in the Highway Capacity Manual (HCM) and AASHTO Geometric Design of Highways and Streets ("Green Book"), using letters A through F, with A being the best and F being the worst, similar to academic grading. A: free flow. Traffic flows at or above the posted speed limit and motorists have complete mobility between lanes. The average spacing between vehicles is about 550 ft(167m) or 27 car lengths. Motorists have a high level of physical and psychological com ...
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Sewage
Sewage (or domestic sewage, domestic wastewater, municipal wastewater) is a type of wastewater that is produced by a community of people. It is typically transported through a sewer system. Sewage consists of wastewater discharged from residences and from commercial, institutional and public facilities that exist in the locality. Sub-types of sewage are greywater (from sinks, bathtubs, showers, dishwashers, and clothes washers) and blackwater (the water used to flush toilets, combined with the human waste that it flushes away). Sewage also contains soaps and detergents. Food waste may be present from dishwashing, and food quantities may be increased where garbage disposal units are used. In regions where toilet paper is used rather than bidets, that paper is also added to the sewage. Sewage contains macro-pollutants and micro-pollutants, and may also incorporate some municipal solid waste and pollutants from industrial wastewater. Sewage usually travels from a building's plum ...
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