Use of Transportation Asset Management Principles in State Highway Agencies

Overview

 

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.

Organizational Capability Element

    Asset Management

Content Type

Presentation

Role in Organization

Senior Engineer
Researcher/Academic
Principal Engineer
CEO / GM / Commissioner
Engineer
Associate Engineer

Publishing Organization

SHRP2 Program

Objective

Learning

Document Downloads

Project Website

Author
Hawkins, Neal; and Smadi, Omar
TOM Chapters
6.7
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Issue Date
Publication Number
ISSN 0547-5570
ISBN Number
ISBN 978-0-309-22376-8