American Public Works Association Asset Management Task Force, 1998
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2 a comprehensive and structured approach to the long term management of assets as tools for the efficient and effective delivery of community benefits. Strategy for Improving Asset Management Practice, 1997 AUSTROADS
3 a methodology needed by those who are responsible for efficiently allocation generally insufficient funds amongst valid and competing needs. American Public Works Association Asset Management Task Force, 1998 The
4 Asset Management goes beyond the traditional management practice of examining singular systems within the road networks, i.e., pavements, bridges, etc., and looks at the universal system of a network of roads and all of its components to allow comprehensive management of limited resources. Through proper asset management, governments can improve program and infrastructure quality, increase information accessibility and use, enhance and sharpen decision making, make more effective investments and decrease overall costs, including the social and economic impacts of road crashes. European Cooperation and Development Working Group, Asset Management Systems, Project Description, 1999 Organization for
5 Intermodal Surface Transportation Efficiency Act (ISTEA) 1991 National Highway System (NHS) Transportation Equity Act for the 21st Century (TEA 21) 1998 FHWA Office of Asset Management Safe, Accountable, Flexible, Efficient Transportation Equity Act: A Legacy for Users (SAFETEA LU) in 2005 Moving Ahead for Progress in the 21st Century Act (MAP 21) in 2012
6 Asset management is a strategic and systematic process of operating, maintaining, and improving physical assets, with a focus on engineering and economic analysis based upon quality information, to identify a structured sequence of maintenance, preservation, repair, rehabilitation, and replacement actions that will achieve and sustain a desired state of good repair over the lifecycle of the assets at minimum practicable cost.(23 U.S.C. 101(a)(2), MAP )
7 Transportation Agencies have Outstanding Historical Record of Effective Asset Management But 1. Changes in Transportation Environment High User Demand Budgets Stretched by Requirements Declines in Staff Resources Mature Assets w/ Ongoing Deterioration
8 Transportation Agencies have Outstanding Historical Record of Effective Asset Management But 2. Changes in Public Expectations Investment of Public Tax Dollars More Communication Opportunities Public Holds Agencies Accountable Requires Explicit & Clearly Defined Goals
9 Transportation Agencies have Outstanding Historical Record of Effective Asset Management But 3. Extraordinary Advance in Technology More Sophisticated Analytical Tools Technology to Support Comprehensive, Fully Integrated Systems Ability to Perform What If Analysis o Impact of Various Budget Levels on System Condition & Performance
10 Cornerstone of MAP-21's highway program transformation is the transition to a performance and outcome-based program
11 MAP 21 National Performance Goals for NHS: Infrastructure Condition Maintain the highway infrastructure asset system in a state of good repair Safety Achieve a significant reduction in traffic fatalities and serious injuries on all public roads Congestion Reduction Achieve a significant reduction in congestion System Reliability Improve the efficiency of the surface transportation system
12 MAP 21 National Performance Goals for NHS: Freight Movement and Economic Vitality Improve the national freight network Strengthen the ability of rural communities to access national and international trade markets Support regional economic development Environmental Sustainability Enhance the performance of the transportation system while protecting and enhancing the natural environment
13 MAP 21 National Performance Goals for NHS: Reduced Project Delivery Delays Reduce project costs Promote jobs and the economy Expedite the movement of people and goods by accelerating project completion by: o Eliminating delays in the project development and delivery process o Improving agencies' work practices o Reducing regulatory burdens
14 MAP 21 Requires each State DOT to Develop A Risk Based Transportation Asset Management Plan (TAMP) for the National Highway System TAMP An essential management tool that brings together all related business processes and stakeholders, internal and external, to achieve a common understanding and commitment to improve performance.
15 TAMP Requirements: Management Systems for NHS Pavements & Bridges Asset Management Objectives & Measures Performance Gap Identification Life Cycle Cost Risk Management Analysis A Financial Plan Investment Strategies
16 The TAMP needs to achieve the following objectives: Identify policies and procedures to allocate funds to preserve and maintain the existing highway system Determine how existing plans (e.g., the Statewide Transportation Improvement Program, Statewide Transportation Plan, Strategic Plan, etc.) tie together in terms of a comprehensive, coordinated asset management process
17 The TAMP needs to achieve the following objectives: Develop and document a TAMP governance process Define the individuals responsible for management of the TAMP How it will be used throughout the Agency How it relates to other Agency documents When will the TAMP be updated How the Agency will periodically assess its asset management program
18 The TAMP needs to achieve the following objectives: Develop a plan to implement the TAMP Continue enhancements after the initial TAMP is complete What additional assets classes to consider adding Meet the requirements of MAP 21 Rule Making delays
19 A Strategic Framework to Support the Implementation of Transportation Asset Management in State Transportation Agencies Developed by the Transportation Asset Management Expert Task Group (TAM ETG)
20 Institutional & Organizational Factors Data Collection & Measurement Data Integration & Decision Making Availability of Tools & Analytical Capabilities Need for Training & Technology Transfer for Workforce Development
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28 Start Immediately, Don t Wait for Rules High level Executive Champion Dedicate Someone Full Time Get copies of the Existing TAMPs Get a handle on your Data GAPs Can you duplicate charts, graphs Develop your Risk Registers Start Immediately
29 Mark Suarez, P.E. Asset Management Engineer Louisiana DOTD
Butch Wlaschin P.E. Director, Office of Asset Management, Pavements, and Construction FHWA
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