An efficient asset management process is needed to ensure cost-effectiveness, in planning, delivery, operation and maintenance of large infrastructures or infrastructures network. Infrastructure asset management generally focuses on the later stages of a facility’s life cycle, specifically maintenance, rehabilitation, and replacement. However, a process of efficient asset management must define methods and tools for asset tracking, management of maintenance activity, determine the life cycle and replacement costs of the assets, assistance in determining funding strategies, optimizing capital investments in operation and maintenance, and help with the replacement of assets. Currently, the procurement, design, construction, exploitation and public communication to the final users and society regarding to the land transport infrastructures are: • not multimodal, not cross-assets, but focused on individual assets. • not correctly linked, not being able to exchange information by different stakeholders. • lack of a common risk based approach and the implementation of resilient concepts throughout the whole life cycle The aim of the proposal is to establish a common framework for governance, management and finance of transport infrastructure projects in order to ensure the best possible return from limited investment funds in transport infrastructures The main objective of RAGTIME is to develop, demonstrate and validate an innovative management approach and to lay out a whole system planning software platform, based on standard multiscale data models, able to facilitate a holistic management throughout the entire lifecycle of the infrastructure, providing an integrated view of risk based approach, implementing risk based models, resilient concepts and mitigation actions, with specific reference to climate change related threats perspective, and monitored with smart systems, in order to optimize ROI, management, guarantee LOS and improve resilience through maintaining the service.

Transportation systemic risks are not well understood across modes, regions, and critical interdependent sectors, creating uncertainty about risks resulting from a major system disruption. There is a lack of resilience schemes, especially for the long term, integrated into transport infrastructure due to the inability to monetize resilience for investment decisions, and there are also strong barriers to its implementation to operating practice. The overall objective of FORESEE is to develop and demonstrate a reliable and easily implementable toolkit for providing short and long term resilience schemes against traffic disruption due to flooding, landslide and structural damage for rail and road corridors and multimodal terminals. It will help move towards a performance based risk assessment framework, relying on: a) an update on best available methodologies, practices and solutions with data-enhanced: models, solutions and cost benefit assessments, b) the development of new solutions regarding drainages, pavements and landslides, and c) a detailed strategy for its successful implementation, integrated into the infrastructure life-cycle usual procedures. Prestandardization activities will be carried out throughout the life of the project. The FORESEE toolkit will include: a) A reliable Data Acquisition System, satellite and terrestrial, b) A Situation Awareness System for the prediction and alert of extreme events c) New materials and systems regarding permeable pavements; drainage and culvert systems, and slope stabilization systems d) A Decision Support System to provide better informed resilience schemes e) Guidelines on Standards, Design and Technological recommendations. The setting up of a Stakeholders Reference Group at early stages of the project, will guarantee the accounting for the demands and the acceptance of all endusers. FORESEE will enhance international Cooperation by twinning with world leading institutes.