The assets that consist of railway track components and facilities must be managed by using
appropriate management systems and tools. Thus, the term of asset management systems
(AMS) began to be used for realising efficient railways. Although a number of definitions are
used for asset management, asset management is the systematic process of maintaining,
upgrading and operating physical assets cost-effectively. With this definition, asset
management is a decision making tool that creates a framework for both long and short-term
planning. Asset management systems should provide complete life cycle coverage, starting
with planning and continuing until replacement or reconstruction. Through the automation of
the maintenance process as an asset management tool, time can be saved and accurate
information on railway track can be provided. This will help managers use good data to make
objective judgements in selecting maintenance strategies