railway asset management case study - mwa.org.my · 2013 arup affected p wag of affected p wag ....
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Tyne & Wear Metro
Best performing railway in country
Commissioned 30 years ago
78 km track: 60 stations: 90 trains
Assets deteriorating
Insufficient historical investment
Approaching cliff edge
Performance
Cost Risk
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Tyne & Wear Metro
£600m reinvigoration plan proposed over 20 years
£260m during first 9 years
Based on available information
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Tyne & Wear Metro
Needs identified
Next, needed to prioritise
Used business risk approach Performance
Cost Risk