A FRAMEWORK FOR LONG TERM ASSET MANAGEMENT PLAN USING ASSET PRIORITY INDEX AND CONDITION INDEX FOR THE NORTH CAROLINA FERRY SYSTEM

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Subramanian, B. (2018). A FRAMEWORK FOR LONG TERM ASSET MANAGEMENT PLAN USING ASSET PRIORITY INDEX AND CONDITION INDEX FOR THE NORTH CAROLINA FERRY SYSTEM. Unc Charlotte Electronic Theses And Dissertations.
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Abstract

The North Carolina Department of Transportation (NCDOT) and the North Carolina Ferry System combined have many assets in place. This thesis primarily concerns the North Carolina Ferry System (NCFS). The NCFS has a sizable number of assets and a long-term asset management plan be put in place to help NCFS to make an informed decision regarding the acquisition, utilization, and disposal of their assets are indispensable. Previous research efforts have made an attempt to synthesize an asset inventory based on their condition index and apply them to a long-term asset management practices. This research focuses on the limitations of previous focuses and an attempt is made to find a better long-term asset management reporting practice. The concepts of Analytic Hierarchy Process, Asset Priority Index and Condition Index have been used here to develop a framework whereby the management at North Carolina Ferry Division (NCFD) can obtain a combined way to look at all assets, and can use the same to make strategic decisions regarding budget allocation, asset utilization, and disposal. These concepts have been applied to the 21 vessels currently under the NCFS.

Details
Author

Subramanian, Balagee

Title

A FRAMEWORK FOR LONG TERM ASSET MANAGEMENT PLAN USING ASSET PRIORITY INDEX AND CONDITION INDEX FOR THE NORTH CAROLINA FERRY SYSTEM

Physical Description

1 online resource (102 pages) : PDF

Date

2018

Degree Granting Institution

University of North Carolina at Charlotte

Abstract

The North Carolina Department of Transportation (NCDOT) and the North Carolina Ferry System combined have many assets in place. This thesis primarily concerns the North Carolina Ferry System (NCFS). The NCFS has a sizable number of assets and a long-term asset management plan be put in place to help NCFS to make an informed decision regarding the acquisition, utilization, and disposal of their assets are indispensable. Previous research efforts have made an attempt to synthesize an asset inventory based on their condition index and apply them to a long-term asset management practices. This research focuses on the limitations of previous focuses and an attempt is made to find a better long-term asset management reporting practice. The concepts of Analytic Hierarchy Process, Asset Priority Index and Condition Index have been used here to develop a framework whereby the management at North Carolina Ferry Division (NCFD) can obtain a combined way to look at all assets, and can use the same to make strategic decisions regarding budget allocation, asset utilization, and disposal. These concepts have been applied to the 21 vessels currently under the NCFS.

Genre

masters theses

Subjects--Topics

Engineering
Management
Transportation

Degree

M.S.

Keywords

Analytic Hierarchy Process
Asset Management
Asset Priority Index
Condition Index
Ferry

Subject Area

Construction & Facilities Mgmt

Advisor(s)

Mayo, Glenda
Smithwick, Jake

Committee Members

Shoghli, Omidreza
Barclay, Nicole

Degree Note

Thesis (M.S.)--University of North Carolina at Charlotte, 2018.

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Rights Holder Information

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Identifier

Subramanian_uncc_0694N_11947

Permalink

http://hdl.handle.net/20.500.13093/etd:1701