Asset Management Manual
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2.4.1 Objectives of lifecycle planning

The objectives of lifecycle planning can be summarized as follows (UKRLG and HMEP, 2013):

  • Identify long-term investment for road infrastructure assets and develop an appropriate maintenance strategy
  • Predict future performance of road infrastructure assets for different levels of investment and different maintenance strategies
  • Determine the level of investment required to achieve the required performance
  • Determine the performance that will be achieved for the available funding and/or future investment
  • Support decision making, make a case for investing in maintenance activities, and demonstrate the impact of different funding scenarios
  • Minimize costs over the lifecycle while maintaining the required performance
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