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Asset Management Systems

Asset management systems are an integral part of Economikr’s expertise, the results of which play a key role in determining and finalizing an organization’s decision-making process. An asset management system is a decision support system, recommending a course of action for road network administrators and managers on how to best invest a specific budget according to set objectives.


Asset management systems usually come in the form of a specialized computer software, and are generally comprised of several types of models, engineering, economic, optimization & ranking, using economic and engineering variables. Economikr has been involved in the design, modeling, building and programming asset management systems for many years in various capacities.

Pavement Management System on Israel's Road Network

This project was performed in conjunction with the National Roads Company of Israel, a government-owned corporation in charge of planning, construction, and maintenance of most of the road structure in Israel, including roads, bridges, and interchanges. The project included optimization and economic feasibility study of various activities under a budget constraint. 

Port Management System for the Israeli Ports of Haifa, Ashdod and Eilat

Funded by the Israel Ports Authority, and performed under contract to T&M, these Port Management System were specifically modelled and programmed for each of Israel's port, and tailored to their own specific uses (e.g., the Port of Eilat is the primary receiver of goods from the Far East and of vehicles in Israel). The program included an engineering / economic evaluation of the ports various uses of its lands, including those used for Storage, Roads, Parking, and Operations, and the usage of specialized port-only vehicles. One of the important modules was the economic optimization routine, to enable the port's managers to manage their multi-year work plan.

Definition and Implementation of Economic and Engineering Models in Pavement Management System of Interurban Roads in Israel

Funded by the Public Works Department, Israel, the government body in charge of building and maintenance of interurban roads and interchanges, this dedicated PMS project included expansion of the IBC (Incremental Benefit Cost) method to multi-year budget constraints, the development of a reverse-optimization technique for a five-year work plan, and the analysis of macroeconomic influences on infrastructure investments. The engineering and economic models developed for the project were based on the Israeli experience in constructing and maintaining roads, and included the development of vehicle operating costs and road salvage value models based on IRI deterioration curves.


economic feasibility, economic feasibility study, transport economics, energy economics, environmental economics, economic consultant, economic consultancy, economic analysis, master plans, asset management systems, pavement management systems, economic evaluation, ranking and optimization, demand and supply assessment, demand and supply forecasting, economic modeling and research, benefit/cost analysis, economic performance indicators, development impact, investment optimization, economic models, engineering models, multi-modal analysis, forecasting tools, economic appraisal and evaluation, Pavement Management Systems, Road Management Systems, Port Management Systems, Bridge Management Systems, budget analyses, cost-benefit analyses, evaluation of transport infrastructure, market structure assessments, project planning and budget prioritization programs, prioritization, ranking, World Bank, HDM, economic impact analysis, road safety