The London Bridges Engineering Group (LoBEG) and Transport for London (TfL) have developed a risk-based approach to the prioritisation of planned maintenance projects. This method is appropriate for bridges and other structures and is used to implement a consistent, objective and transparent prioritisation approach.
It was developed in order to enable authorities to:
• Identify needs and provide justification for maintenance activities by formalising the assessment of benefits and risks.
• Allocate limited resources to schemes that are most in need.
• Enable consistent comparison of different needs between different assets.
• Maximise the benefits from appropriate utilisation of available funds.