Abstract
This two-volume report provides a methodology for estimating the life expectancies of major types of highway system assets, in a form useful to state departments of transportation (DOTs) and others, for use in lifecycle cost analyses that support management decision making. Volume 1 is a guidebook for applying the methodology in DOT asset management policies and programs. Volume 2 describes the technical issues and data needs associated with estimating asset life expectancies and the practices used in a number of fields—such as the energy and financial industries—to make such estimates. (Author/publisher) This report may be accessed by Internet users at http://gulliver.trb.org/publications/nchrp/nchrp_rpt_713v1.pdf