Assets Management Around Urban Rail Transit

In this article the common characters of urban rail transit industry are analysed and summarised. Based on this analysis, this article lists the characters in assets management which are different from other traffic industry, and explains how to apply the lifecycle theory for assets management in rail transit business. Firstly, we analyze the transaction requirements in rail industry. Then, the framework of Management Information System (MIS) for rail transit company has been proposed. Through the analysis and introducing of workflow in rail transit business, this article elaborated on the essentiality of the assets MIS which was important to the safely and economical running as well as the efficient and thinning management. Finally, the article give some suggestions for assets management in urban rail transit.