Asset Management Infrastructure Asset Management

Question 1

What is the primary objective of infrastructure asset management?

Accepted Answer

Deliver required service levels at optimal whole-life cost

Answer

Infrastructure asset management aims to deliver required levels of service to users at the lowest sustainable whole-life cost.

Question 2

Which US federal act established requirements for asset management plans for surface transportation assets?

Accepted Answer

Moving Ahead for Progress in the 21st Century Act (MAP-21)

Answer

MAP-21 (2012) introduced federal requirements for transportation asset management plans focusing on the NHS highway system.

Question 3

A Level of Service (LoS) in infrastructure asset management defines:

Accepted Answer

The performance outcomes an asset is expected to deliver to users

Answer

Level of Service describes what performance outcomes (quality, reliability, capacity) an infrastructure asset must deliver to meet stakeholder expectations.

Question 4

What does the term 'infrastructure deficit' refer to?

Accepted Answer

The gap between funding needed to maintain assets at required service levels and available budget

Answer

Infrastructure deficit is the cumulative funding shortfall between what is needed to sustain assets at required condition and what is actually spent.

Question 5

Which condition assessment tool assigns a numerical score to infrastructure assets to indicate their physical state?

Accepted Answer

Condition Index (CI) or Asset Condition Rating

Answer

Condition indices or condition ratings provide a standardized numerical scale to describe the physical state of infrastructure assets.

Asset Management Practice Test

Asset Management Practice Test

Asset Management Infrastructure Asset Management