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TRB Webinar: Optimal Replacement Cycles for Highway Operations Equipment


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Date(s)
August 15, 2018 01:00 PM - 02:30 PM U.S. Eastern
Cost (for your seat)
$95.00
Professional Development Hours for this webinar
1.5 hour(s)
Continuing Education Hours for this webinar
AAE: 0.0 hour(s)
AICP: 0.0 hour(s)
CLE: 0.0 hour(s)
Details

TRB will conduct a webinar on Wednesday, August 15, 2018, from 1:00 PM to 2:30 PM ET that features research from the National Cooperative Highway Research Program (NCHRP)’s Research Report 879: Optimal Replacement Cycles of Highway Operations Equipment.

This webinar will introduce the project development process, including the factors relevant for determining optimal replacement cycles using life-cycle cost analysis, the data and information needed to perform equipment life-cycle cost analysis, and the approaches and processes involved in equipment replacement decisions. The panelists will discuss how the Excel-based analysis tool, available on the report webpage, and replacement process can help determine replacement priorities, project long-range replacement budget needs, and assess the financial consequences of keeping equipment units in the fleet past their economic life. The panelists will also demonstrate the functionality of the tool using real-world state department of transportation data.

Some registrants will need to pay $95 to attend this webinar.  Sign into MyTRB.org to view registration information.

Webinar Presenters

  • Jeff Holabaugh, Dye Management Group

Moderated by:  Ronald Hamilton, Dye Management Group

Webinar Outline

  1. Introduction
  2. Replacement factors for highway operations equipment
  3. Equipment planning process
  4. Equipment replacement decision making
  5. Data requirements for cost analysis
  6. Life-cycle cost analysis
  7. Excel-based analysis tool demonstration
  8. Question and answer session

The first 60 minutes of the webinar will be for presentations and the final 30 minutes will be reserved for audience questions. The Registered Continuing Education Program (RCEP) categorizes this webinar activity as relating to health, safety, and welfare including core technical.

Learning Objectives

At the end of this webinar, participants will be able to:

  • Describe the importance of and economic benefits of optimal equipment replacement cycles
  • Understand replacement factors and how they are applied in a highway operations environment
  • Understand how to implement a systematic replacement program, prioritize equipment replacements, and make effective fleet replacement decisions
  • Understand how to use the Excel-based analysis tool to perform life-cycle cost analysis in support of the replacement process

Professional Development Hour Information

A certificate for 1.5 Professional Development Hours (PDHs) will be provided to Professional Engineers (PEs) who register and attend the webinar as an individual. For groups, only the person that registers and attends the session will receive a PDH certificate. Certificates of Completion will be issued only to individuals who register for and attend the entire webinar session.

Individuals registered as Florida PEs are no longer required to email TRB with your license number to report your attendance. Instead, please use your certificate that TRB provides through RCEP.net as verification of your attendance to the Florida Board of Professional Engineers.

Please check with your licensing board to ensure that TRB webinar PDHs are approved by your board.

This webinar was developed in March 2018. TRB has met the standards and requirements of the Registered Continuing Education Program (RCEP). Credit earned on completion of this program will be reported to RCEP by TRB. Complaints about registered providers may be sent to RCEP, 1015 15th Street, NW, 8th Floor, Washington, DC 20005. Website: www.RCEP.net.

Registration questions? Contact Reggie Gillum at RGillum@nas.edu.