Abstract
Managing costly road assets requires systematic approach which assures adequate decision in each step of project life-cycle namely planning, designing, building and managing. Authors suggested highway functional classification which takes into account not only technical (or administrative) classification but also functional classification in road asset management. The key issue is to how to manage existing assets in the way that it delivers maximum benefit to the public taking into account limited financial resources. Road asset management system was reviewed from perspective of four major components such as goals, budget, asset and performance in the scope of highway functional classification. Proposed approach to network level of analysis simplifies road network evaluation and uses the analytic hierarchy process to rank regions in terms of asset, cost and traffic. The study employs data collected in Uzbekistan and other CIS countries for analyzing and making discussion.
