Risk-informed Sustainable Asset Management of Railway Track | Infrastructure Asset Management

, Risk-informed Sustainable Asset Management of Railway Track | Infrastructure Asset Management, TheCircularEconomy.com
Railway track infrastructure asset management is a challenging problem with added values on safety, society and environment. With railways serving as a key sustainable mode of transportation for passengers and freight, the industry is facing an increasing demand to expand its capacity, availability and speed, resulting in faster deterioration of the aging railway track infrastructure. Given the constrained maintenance budgets and the environmental challenges posed by climate change, railway asset managers have to identify economically and environmentally-justifiable track maintenance strategies without compromising on safety.

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