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PROCESS FOR COLLECTING OPERATIONAL AND CONDITIONAL INFORMATION ON INFRASTRUCTURES AND FOR RELATED PRIORITY SETTING

  • US 20100088141A1
  • Filed: 10/07/2009
  • Published: 04/08/2010
  • Est. Priority Date: 10/07/2008
  • Status: Abandoned Application
First Claim
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1. A computerized process for determining capital outlay, the steps comprising:

  • setting a priority and cost factor for a plurality of capital projects related to a railway system in an electronic database;

    applying a risk factor to each of the plurality of capital projects maintained by the electronic database; and

    determining a capital budget for the plurality of capital projects based on the priority, cost, and applied risk and performing at least one capital project based on the determined budget,wherein the setting, applying, determining steps are executed on a computer processing platform.

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