The application of data science to highway asset management investment strategies

Mahpour, A (2022) The application of data science to highway asset management investment strategies. PhD thesis, University of Toronto, Canada.

Abstract

Decision-making in project management is a complex process. A multitude of criteria are involved, their values are dynamically changing, and there is limited knowledge about their interactions and the influence of context on them. While causal decision-making systems over the last seven decades have contributed extensively to analyzing and understanding the complexity of decision-making, policy-makers still face many of the challenges listed above.The thesis showcases the role of non-causal decision-making. It showcases the use of machine-learning in supporting decision-making. This data-driven approach relies on discovering patterns from real-world data. In addition to bypassing the causality dilemma, good practice in machine-learning systems relies on the use of constantly updated data: as the world, in all its complexity and contextual changes, evolves, the outcome of the machine-learning systems changes accordingly.To narrow down the scope of the research, this thesis considered highway maintenance projects. In doing so, and given the non-causal nature of machine-learning, the contribution of this thesis is methodological: how to create approaches and means to implement machine-learning in decision-making given the scope and context of project management. As such, the outcomes of this research work should be valuable in guiding the decision-making process in other domains of project management Two real-world datasets were used in the analysis: one from the national highway database of Iran and the other from the asset management database of the City of Oshawa, Ontario. Given that the aim of this work was not to theorize about the role of machine-learning in project decision-making, the selected analyses were driven by the available data. The outcome is four different systems that can be part of a bigger puzzle, i.e. the aim was not to create a generic overarching and comprehensive model. This can be antithetical to the whole notion of data-driven systems. To this end, four research questions were addressed.The results of this thesis indicate that the road functional class and climate mattered to maintenance policy-making. Furthermore, the developed methodologies can improve budget allocation and levels of service; guide climate action policies; promote preventive maintenance; and enhance creating and effectively communicating sustained funding policies.

Item Type: Thesis (Doctoral)
Thesis advisor: El-Diraby, T
Uncontrolled Keywords: complexity; highway; asset management; decision making; funding; investment; learning; policy; preventive maintenance; machine learning
Index terms: face, investment strategy, asset management, science, preventive maintenance, decision-making, methodology, dataset, machine learning, complexity, decision-making process, good practice, database, funding, interaction, project management
Subjects: specialized education, psychology, economic analysis, maintenance engineering, research methods, asset management, behavioral psychology, artificial intelligence, performance measurement, project management theory and practice, decision analysis, data management, systems engineering
Topics: Project Management, Engineering Principles, Risk Management, Quality Management, Education, Research Practice, Business Strategy, Digital Applications, Organizational Design
Descriptive scope: 3 PCT

N.B. Descriptive scope is a count of how many of the five facets of empirical research are indicated by the words used in title, abstract and keywords. It is not intended as a judgement on the research; merely a count of the kind of word we would expect to indicate Phenomenon, Concepts, Theoretical framing, Empirical techniques, Analytical techniques. If all five are present, then a code of “5 PCTEA” will indicate this. If you feel the coding for this record is questionable, we welcome discussion around the terms we matched or the way we categorized them. The facet you would expect may not be coded, or a facet may be coded inappropriately. This can also bear on a larger question, of which facets should be treated as defining in construction management research. Please get in touch, and we will look at it. More details here