Download or read book Incorporating Risk Management Into Transportation Asset Management Plans written by United States. Federal Highway Administration. Office of Asset Management and published by . This book was released on 2017 with total page 21 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book A Guide to Incorporating Maintenance Costs Into a Transportation Asset Management Plan written by Brad W. Allen and published by . This book was released on 2023 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Since 2018, State departments of transportation (DOTs) have been required to develop risk-based transportation asset management plans (TAMPs) and to update processes for developing these plans every four years. To date, several DOTs have described challenges in showing clear connections between maintenance investments and asset condition. [This report] leads practitioners through a six-part framework designed to tackle the biggest challenges agencies face in projecting future maintenance costs in TAMP activities. Supplemental to the report is a pocket guide." -- publisher's website.
Download or read book AASHTO Transportation Asset Management Guide written by American Association of State Highway and Transportation Officials and published by AASHTO. This book was released on 2011 with total page 458 pages. Available in PDF, EPUB and Kindle. Book excerpt: Aims to encourage transportation agencies to address strategic questions as they confront the task of managing the surface transportation system. Drawn form both national and international knowledge and experience, it provides guidance to State Department of Transportation (DOT) decision makers, as well as county and municipal transportation agencies, to assist them in realizing the most from financial resources now and into the future, preserving highway assets, and providing the service expected by customers. Divided into two parts, Part one focuses on leadership and goal and objective setintg, while Part two is more technically oriented. Appendices include work sheets and case studies.
Download or read book Risk Based Transportation Asset Management written by United States. Federal Highway Administration. Office of Asset Management and published by . This book was released on 2013 with total page 46 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Transportation asset management (TAM) enters a new risk-based era with the enactment of the moving ahead for Progress in the 21st Century Act, also known as MAP-21. The legislation requires a risk-and-performance based asset management plan for bridges and pavements on the national Highway system (NHS). MAP-21 also requires development of a national freight network that consists of critical corridors, facilities and connectors. As transportation agencies develop their asset management plans, it is likely that they will stratify their risks based upon the importance of the key networks, corridors and facilities. This report, the fourth in a series of five reports on risk management, examines how agencies may apply risk-based asset management practices to key networks, corridors and facilities, particularly ones moving freight. The first three reports covered an overview of risk management, multi-level management of risks and achievement of policy objectives through risk management." -- Introduction
Download or read book Integrating Asset Management and Planning written by United States. Federal Highway Administration and published by . This book was released on 2019 with total page 8 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Asset Management Implementation Plan and Tiered System Process written by Michael J. Markow and published by . This book was released on 2001 with total page 158 pages. Available in PDF, EPUB and Kindle. Book excerpt: This study has developed a five-year transportation asset management plan for the Colorado Department of Transportation (CDOT). This study has also developed a proposed tiering structure of the state highway system to support asset management. Asset management represents a strategic approach to managing transportation infrastructure. It embodies a set of principles to improve how an agency conducts business, how it reaches decisions, and how it processes, uses, and communicates information. CDOT, in consultation with the Colorado Transportation Commission, has already taken a number of steps toward improved asset management. A unique Investment Category approach organizes program investments within a policy-oriented framework incorporating explicit measures of performance. Other steps taken by CDOT include updates of the statewide planning process and the program prioritization process, establishment of maintenance program levels of service, institution of customer surveys, and updates of relevant information technology applications. The recommended transportation asset management plan builds upon these established concepts, methods, information, and tools to propose specific actions over the next five years in the following areas: (1) completion of all elements of the Investment Category structure; (2) incorporation of asset management principles in CDOT's planning and programming processes, building on a tiered structuring of CDOT assets that has also been recommended in this study; (3) integration of asset management information on a GIS platform, and renewal of Information Technology strategic planning to support asset management department-wide; and (4) strengthening of program delivery mechanisms and measures. The recommended tiering of the state highway system is built around the concept of interregional corridors, because CDOT is the sole provider of significant interregional highway transportation.
Download or read book Transportation Asset Management Systems written by John Patrick O'Har and published by . This book was released on 2011 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: Transportation Asset Management (TAM) systems are in use at a significant number of transportation agencies. These systems can be used to effectively allocate resources and continuously inventory and monitor the condition of transportation infrastructure assets. Risk-oriented decision making is becoming an increasingly important component of the management process at many organizations, including transportation agencies. TAM systems can be used to incorporate risk assessment and risk management techniques at transportation agencies.
Download or read book Integrating Asset Management Into Transportation Planning written by United States. Federal Highway Administration and published by . This book was released on 2019 with total page 18 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Risk Based Transportation Asset Management written by United States. Federal Highway Administration. Office of Asset Management and published by . This book was released on 2012 with total page 44 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Dealing with risks to key strategic objectives is not new to transportation executives. They do it every day. What is relatively new is formal risk management as a transparent framework for identifying risks to strategic objectives, mitigating them and communicating their likelihood. The earlier risk management reports provided an overview of risk management and its practice at the agency, program or project level. This report examines a subset of agency risk management, that is strategic risk management, or the management of risks to key agency objectives and policies. In particular, this report examines risks to transportation asset management (TAM) policies and objectives." -- Introduction
Download or read book Risk Based Transportation Asset Management written by Federal Highway Administration. Office of Asset Management and published by . This book was released on 2013 with total page 47 pages. Available in PDF, EPUB and Kindle. Book excerpt: "This is the fifth of five reports examining how risk management complements asset management. This last report examines how physical, climatic, seismic and other external threats can be addressed in risk-based asset management programs. The first four reports and the literature review emphasized the definition of risk as the positive or negative effect of uncertainty or variability upon agency objectives. Those reports emphasized that risks could be positive in that some types of uncertainty can create opportunities. However, this report will focus more on negative risks, or threats. These risks generally are external, and while highly probable over a long period of time, are difficult to predict in the short term. Randomness and variability complicate planning for them. In August 2011, Hurricane Irene reached one of the nation's most northern states, Vermont, and damaged 480 bridges out of a total network of 2717 bridges. In one day, more bridge deterioration occurred than normally would occur over many years. Accurate prediction of such events is nearly impossible. Such a significant storm had not struck Vermont for 83 years. In managing risks to assets from external threats, this report emphasizes the Three Rs, which are Redundancy, Robustness and Resiliency. These will be defined, described and illustrated through several agency examples. Asset management plays a critical role in each, particularly Robustness and Resiliency. Including the Three Rs in asset planning efforts can better prepare agencies to cope with an increasingly unpredictable world."--Introduction
Download or read book Guide to Risk Assessment and Allocation for Highway Construction Management written by United States Department of Transportation and published by CreateSpace. This book was released on 2015-02-27 with total page 76 pages. Available in PDF, EPUB and Kindle. Book excerpt: In 2004, a team of representatives from the Federal Highway Administration, State highway agencies, industry, and academia visited Canada, Finland, Germany, the Netherlands, Scotland, and the United Kingdom. The purpose of this International Technology Scanning Program study was to identify practices that might be evaluated and applied in the United States to improve construction management. One significant scan finding was that the countries visited had an advanced awareness of risk assessment and allocation techniques that are just now evolving in U.S. highway agencies. This instructional report was developed as part of the scan team's implementation plan to raise awareness of risk management techniques and begin the process of incorporating risk management elements into the institutional structures of highway agencies. The report is designed to be used in conjunction with workshops on implementing risk management.
Download or read book Managing Risks and Using Metrics in Transportation Asset Management Financial Plans written by United States. Federal Highway Administration. Office of Asset Management, Pavements and Construction and published by . This book was released on 2015 with total page 60 pages. Available in PDF, EPUB and Kindle. Book excerpt: Transportation agencies have the responsibility and the challenging task to maintain, preserve and improve infrastructure assets (assets) for current and future generations. While maintaining existing assets is an overriding concern for transportation agency officials, most agencies are grappling with funding issues. Considering the fact that assets such as pavements and bridges have long useful lives, a sound asset management practice will necessitate the development of long-term asset management plans. Practices and experiences from other countries with mature asset management processes and also from transportation agencies within the U.S. show that implementing and sustaining the performance and condition of assets requires long-term financial plans that support and are linked to long-term asset management strategies. Comprehensive transportation asset management plans (TAMPs) could show the expected and desired projections of asset performance and condition for ten or more years into the future. A pragmatic TAMP would address the amount of investment required each year for the rehabilitation, preservation and maintenance of assets during their useful life. The associated financial plan can be linked to the targeted performance and conditions of the assets identified in the TAMP.
Download or read book Risk Management written by Muddassar Sarfraz and published by BoD – Books on Demand. This book was released on 2021-12-22 with total page 303 pages. Available in PDF, EPUB and Kindle. Book excerpt: Risk management is a very important process in the context of global and organizational sustainability. It helps organizations prepare for organizational risks and reduce costs before they occur. Risk management contributes to the achievement of organizational objectives and to the development of organizational benefits and risk opportunities. As such, this book identifies strategic challenges for risk management assessment and practices, examines potential factors that affect business growth, and offers new opportunities for enterprises. It includes fifteen chapters that cover such topics as sustainable management in the construction industry, risk communication in the age of COVID, managing tax risks in mergers and acquisitions, corporate governance, and much more.
Download or read book Risk based Transportation Asset Managementreport 1 overview of Risk Management written by U.s. Department of Transportation and published by Createspace Independent Publishing Platform. This book was released on 2018-07-23 with total page 44 pages. Available in PDF, EPUB and Kindle. Book excerpt: Risk-based transportation asset management Report 1, Overview of risk management. : evaluating threats, capitalizing on opportunities.
Download or read book Risk based Transportation Asset Management written by and published by . This book was released on 2012 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Risk Based Transportation Asset Management written by Federal Highway Administration. Office of Asset Management and published by . This book was released on 2012 with total page 58 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Background: As risk-based transportation asset management becomes mandatory in the united states, agencies will need to understand how managing risks can help them improve decision making in asset management programs. this second of five reports in the series examines risk-based approaches to managing assets. it provides us and international examples of managing risks to assets at multiple levels in a transportation agency."--Page iv
Download or read book Risk based Transportation Asset Management written by and published by . This book was released on 2013 with total page 47 pages. Available in PDF, EPUB and Kindle. Book excerpt:
