International Journal of Highway Engineering (한국도로학회논문집)

Korean Society of Road Engineers (한국도로학회)
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Development of an Evaluation System of a LOS-based Balanced Scorecard for Road Infrastructure Asset Management

도로자산관리를 위한 서비스수준 기반 균형성과표 평가체계 개발

  • Received : 2014.10.07
  • Accepted : 2015.04.11
  • Published : 2015.06.15
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Abstract

PURPOSES : This paper aims at the implementation of a balanced scorecard that can be widely applied to modern business management for use in the public road management sector. METHODS : This study applied the newly developed LOS-based balanced scorecard system instead of a traditional Key Performance Index (KPI) for better decision making in asset management planning. As an evaluation technique, a" hierarchical alignment and cascading method" is also suggested. Finally, the suggested system has been empirically applied to a regional government. RESULTS : To provide stable and sustainable road services, the balanced scorecard informs the regional government of needed improvements in its asset management plans regarding budget optimization, structural management, the development of inner-business processes, and human resources. CONCLUSIONS : An LOS-based balanced scorecard for managing road services and organizations in a quantitative manner has been successfully developed and tested through a field study. The developed scorecard is a timely topic and a useful analytical tool for coping with the new phases of an aging infrastructure, tighter budgets, and demand for greater public accountability.

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