Title: Transportation Asset Management
1TransportationAsset Management
AASHTO Spring Meeting St. George, Utah April 2000
Presented by
Mary Peters, Director Arizona Department of
Transportation Chair, AASHTO Task Force on
Asset Management
2AASHTO Task Force
Mary Peters, Chair, CAO, Arizona DOT Madeleine
Bloom, Secretary FHWA Frank Danchetz Georgia DO
T David Ekern Minnesota DOT Clint
Topham Utah DOT Andrew Bailey II
Virginia DOT Gretchen White Washington DOT Lou
Lambert Michigan DOT Peter Stephanos Maryland D
OT Tim Gilchrist New York DOT
3Outline
- I. What is Transportation Asset Management?
- II. Why is it Important to Chief Administrative
Officers and Chief Engineers? - III. Why is it so Important Now?
- IV. Recent Accomplishments
- V. Major Activities Underway
- VI. Near Term Objectives
- VII. Keys to Success
- VIII. Attributes
- IX. Hallmark
4I. What is Transportation Asset Management?
Asset Management is a systematic process of
maintaining, upgrading and operating physical
assets cost-effectively.
5Perspective Views
Political
Public
CAO Chief Engr. Financial Administrative Business
Process Planning Programming Maintenance
Upgrading Engineering Economics Privatization -
Outsourcing -Contracting Managerial (i.e.
Performance Based) Information Systems
Integration
6Generic Process
Data Collection
Performance Modeling
Development of Alternatives
Decision-Making Program Development
Feedback
Implementation
Monitoring
7Transportation Assets
- Highways
- Pavements
- Bridges
- Tunnels
- Hardware
- Barriers
- Electronics
- Noise Walls
- Rest Areas
- Other Modes
- Tracks and Ballast
- Rolling Stock
- Rail Stations
- Parking Garages
- Airport Runways
- Terminals and Hangers
- Wharves and Piers
- Ferries
8II. Why is it Important to CAOs and Chief
Engineers?
- Enables an agency to support and justify
legislative budget requests. - Maximizes the benefits from available funding.
- Shows the trade-offs of alternative investment
strategies.
More.
9II. Why is it Important to CAOs and Chief
Engineers?
- Supports decision making and enhances
productivity. - Facilitates decision making using readily
available quantitative and qualitative
information. - Enables appropriate resource allocation and asset
optimization.
10III. Why is Transportation Asset Management so
Important Now?
- 1 Trillion Investment in Highways
- Shift from Construction to Preservation
- Aging Infrastructure
- Increasing Traffic Growth
- in Movement of Goods
- Reinventing Government
- Performance Management
- Accountability
- Information Age
11IV. Recent Accomplishments
Awarded NCHRP Contract to Develop Guide on
Asset Management Peer Exchange
Workshop Expanded Strategic Plan
Oct. 1999 Dec. 1999 Apr. 2000
12Peer Exchange WorkshopDecember 1999
- 40 State D.O.T.s
- 60 State Representatives
- Consultants
- Academia
13Expanded Strategic Plan
Goal 1 Develop an Understanding 7
strategies and 18 activities Goal 2 Develop
Tools and Research 9 strategies and 23
activities Goal 3 Inform Leadership on Use
2 strategies and 13 activities Goal 4 Assist
Member States 4 strategies and 10 activities
14Strategic Plan Budget
Funding ( Millions)
3
2
1
Total 14 million
15V. Major Activities Underway
- Finalize Expanded Strategic Plan
- Approval by Board of Directors at Annual
Meeting in December 2000 - AASHTO Guide on Asset Management
- Phase I to be Completed by October 2000
- To be presented at Special Session of the AASHTO
Annual Meeting in December 2000
16VI. Near Term Objectives
- Complete Phase II of AASHTO Guide
- Training
- Scanning Tour
- Lead State Model
- GASB
- Speciality Workshop
17VII. Keys to Success
- Promote sustained political commitment.
- Provide executive leadership.
- Commit resources at the State and National Level.
- Facilitate sharing between States.
- Pool organizational resources between AASHTO,
TRB/NCHRP, and FHWA.
18VIII. Attributes
- Voluntary
- Open Process
- One size does not fit all
19IX. Hallmark
The Hallmark of Asset Management is our
commitment, as the nations transportation
leaders, to strive continuously and collectively
to improve the way we manage the transportation
systems in the United States.