Download or read book Return on Investment in Transportation Asset Management Systems and Practices written by Harry S. Cohen and published by . This book was released on 2018 with total page 171 pages. Available in PDF, EPUB and Kindle. Book excerpt: Return on Investment in Transportation Asset Management Systems and Practices TRB's National Cooperative Highway Research Program (NCHRP) Research Report 866: Return on Investment in Transportation Asset Management Systems and Practices explores how transportation agencies manage their transportation assets, and provides guidance for evaluating the return on investment for adopting or expanding transportation asset management systems in an agency. As the term is most generally used, transportation asset management (TAM) entails the activities a transportation agency undertakes to develop and maintain the system of facilities and equipment--physical assets such as pavements, bridges, signs, signals, and the like--for which it is responsible. Based on the research team's work and the experiences of these agencies and others, the researchers describe a methodology that an agency may use to assess their own experience and to plan their investments in TAM system development or acquisition. A spreadsheet accompanies the research report helps agencies evaluate the return-on-investment of TAM systems.The tool allows users to summarize data from various simulation tools. The calculator also includes factors and procedures from the Highway Economic Requirements System State Version (HERS-ST) to estimate user benefits for pavement projects. It does not estimate user benefits for bridge projects. -- cf. http://www.trb.org/main/blurbs/177179.aspx.
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 An Asset management Framework for the Interstate Highway System written by and published by Transportation Research Board. This book was released on 2009 with total page 82 pages. Available in PDF, EPUB and Kindle. Book excerpt: Explores a framework for applying asset-management principles and practices to managing Interstate Highway System investments.
Download or read book Transportation Asset Management for Local Government Agencies written by and published by . This book was released on 2006 with total page 266 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Economics in Asset Management written by and published by . This book was released on 2003 with total page 20 pages. Available in PDF, EPUB and Kindle. Book excerpt: Transportation Asset Management (TAM) is a strategic approach to maximize the benefits from resources used to operate, expand, and preserve the transportation infrastructure. It takes a long-term perspective of infrastructure performance and cost, and considers investment options in a comprehensive and informed way. TAM integrates the various disciplines related to infrastructure management, including planning, engineering, economics, and budgeting. It is systematic and fact based, and therefore dependent on good information and analytical capabilities. Economic analysis plays a critical role in TAM by facilitating tradeoff analysis, in which the net benefits of competing investment options are compared in terms of their "dollars and cents" impact on the public. Information from the analysis feeds back to planners and engineers, allowing them to identify the most beneficial investments.
Download or read book Performance Measures and Targets for Transportation Asset Management written by Cambridge Systematics and published by Transportation Research Board. This book was released on 2006 with total page 181 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Measuring the Benefits of Implementing Asset Management Systems and Tools written by Sue McNeil and published by . This book was released on 2008 with total page 380 pages. Available in PDF, EPUB and Kindle. Book excerpt: Although transportation agencies in the U.S. have been developing Asset Management Systems (AMS) for specific types of infrastructure assets, there are several barriers to the implementation of AMS. This paper documents the development of a generic methodology for quantifying the benefits derived from implementation of AMS and justifying investment in AMS implementation. The generic methodology involves three analysis methods: descriptive analysis, regression analysis, and benefit-cost analysis. This paper demonstrates how the methodology can be applied to evaluate the implementation of a pavement management system in terms of efficacy, effectiveness, and efficiency (3Es).
Download or read book Use of Transportation Asset Management Principles in State Highway Agencies written by Neal R. Hawkins and published by Transportation Research Board. This book was released on 2013 with total page 98 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Roadway infrastructure within the United States includes features such as roads, bridges, signs, pavement markings, traffic signals, support commerce and mobility, and is, in essence, a shared financial public resource worthy of being managed at the highest level of efficiency. State departments of transportation (DOTs), local transportation authorities, and federal agencies responsible for the fiscal management of the transportation system have shown a growing interest in advancing the state of practice in managing these critical assets. In addition, the recent congressional passage of Moving Ahead for Progress in the 21st Century Act (MAP-21 Act) has established an outcome-driven, performance-tracking approach that will hold states and metropolitan planning organizations accountable for improving the conditions and performance of their transportation assets. It will therefore increase agency attentiveness to these vital issues. Transportation Asset Management (AM) is a strategic and systematic process of operating, maintaining, upgrading, and expanding physical assets effectively throughout their life cycle. It focuses on business and engineering practices for resource allocation and utilization, with the objective of better decision making based on quality information and well-defined objectives. Advancing AM capabilities and integrating these capabilities across an organization's business units requires self-assessment, alignment, goal setting, and support. This synthesis of transportation asset management practice among state highway agencies will be a timely resource for agencies to identify their current state of practice and determine where they will direct their AM efforts. This synthesis is based on two separate surveys, with additional input from practitioners. The initial survey requested that participants conduct a self-assessment to characterize their agency's AM practices....The self-assessment results reflect current and future (5-year) business practices and the agencies' institutional, organizational, financial, and IT environments. This survey yielded 18 DOT participant responses (see Appendix D). Based on the results of the initial survey, and input from the Topic Panel, a second survey was designed to capture the state of practice and forward looking expectations (for the next 3 to 5 years) among state DOTs. Forty-three agencies participated in this second survey."--p. 1.
Download or read book Transportation Asset Management written by and published by . This book was released on 2001 with total page 12 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Economic Analysis Primer written by and published by . This book was released on 2003 with total page 40 pages. Available in PDF, EPUB and Kindle. Book excerpt: This primer provides a foundation for understanding the role of economic analysis in highway decision making. It is oriented toward state and local officials who have responsibility for assuring that limited resources get targeted to their best uses and who must publicly account for their decisions. Economic analysis is presented as an integral component of a comprehensive infrastructure management methodology that takes a long-term view of infrastructure performance and cost. The primer encompasses a full range of economic issues, including economic fundamentals, life-cycle cost analysis, benefit-cost analysis, forecasting traffic for benefit calculations, risk analysis and economic impact analysis.
Download or read book Transportation Asset Management Research and Technology written by and published by . This book was released on 2001 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Guidebook for Data and Information Systems for Transportation Asset Management written by Spy Pond Partners, LLC. and published by . This book was released on 2021 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Effective transportation asset management (TAM) depends on having good data about the assets under management, their descriptions, current condition and history, functional performance, and the activities conducted to develop, maintain, improve, and rehabilitate them during the course of their service lives. The TRB National Cooperative Highway Research Program's NCHRP Research Report 956: Guidebook for Data and Information Systems for Transportation Asset Management presents a structured approach for assessing an organization's current data and information management practices in support of transportation asset management and strategies for improving these practices.
Download or read book Guidebook for Data and Information Systems for Transportation Asset Management written by and published by . This book was released on 2021 with total page 334 pages. Available in PDF, EPUB and Kindle. Book excerpt: Effective transportation asset management (TAM) depends on having good data about the assets under management, their descriptions, current condition and history, functional performance, and the activities conducted to develop, maintain, improve, and rehabilitate them during the course of their service lives. The TRB National Cooperative Highway Research Program's NCHRP Research Report 956: Guidebook for Data and Information Systems for Transportation Asset Management presents a structured approach for assessing an organization's current data and information management practices in support of transportation asset management and strategies for improving these practices.
Download or read book Asset Management Primer written by and published by DIANE Publishing Inc.. This book was released on 1999 with total page 30 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Pavement Asset Management written by Ralph Haas and published by John Wiley & Sons. This book was released on 2015-05-26 with total page 432 pages. Available in PDF, EPUB and Kindle. Book excerpt: Comprehensive and practical, Pavement Asset Management provides an essential resource for educators, students and those in public agencies and consultancies who are directly responsible for managing road and airport pavements. The book is comprehensive in the integration of activities that go into having safe and cost-effective pavements using the best technologies and management processes available. This is accomplished in seven major parts, and 42 component chapters, ranging from the evolution of pavement management to date requirements to determining needs and priority programming of rehabilitation and maintenance, followed by structural design and economic analysis, implementation of pavement management systems, basic features of working systems and finally by a part on looking ahead. The most current methodologies and practical applications of managing pavements are described in this one-of-a-kind book. Real world up-to-date examples are provided, as well as an extensive list of references for each part.
Download or read book Handbook of Collaborative Public Management written by Jack W. Meek and published by Edward Elgar Publishing. This book was released on 2021-02-26 with total page 512 pages. Available in PDF, EPUB and Kindle. Book excerpt: This insightful Handbook presents readers with a comprehensive range of original research within the field of collaborative public management (CPM), a central area of study and practice in public administration. It explores the most important questions facing collaboration, providing insights into future research directions and new areas of study.
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.
