Document Library

This presentation begins by defining the elements of risk and then risk itself. It explains the process used to quantify risk and the probability of failure. It concludes by explaining the application of this quantity in asset management and set goals for the future of risk based asset management techniques.

This presentation outlines the CPCS process for life-cycle value assessments. The process is explained through a case study of the Delhi International Airport Limited project. It includes Monte Carlo simulations, demand projections, and future flexibility. It concludes that flexibility in technical design and and contracts could have positive effects for value at-risk and value shares.

The presentation beings by defining asset management, life-cycle cost assessments, and risk based asset management requirements. It then works through case studies of Colorado road rehabilitation, Oregon seismic risks, and Alaskan climate change among others. It concludes by identifying the overall lessons learned.

This presentation outlines the best practices for risk management. It begins by defining asset management and the advantages of an asset management plan. It then transitions into risk assessment and weighing uncertainty. It concludes with risk assessment best practices such as a risk informed asset management process, continual risk assessment revision, and a risk informed management plan.

This presentation aims to explain scenario planning and its role in transportation planning. It begins by defining scenario planning, its history, and its current uses in transportation planning. It then outlines asset management decision making levels and uncertainty. It concludes by connecting scenario planning and asset management with techniques such as quantile regression and a case study.

This presentation seeks to show the types of risk that different level employees identify throughout the North Carolina DOT (NCDOT) in order to give a more full picture of the risks faced by NCDOT. It gives examples of risks faced by maintenance crews, maintenance engineers, and NCDOT executives. It then compares the risks, pinpointing underlying commonalities, specifically manpower and funding.

This presentation focuses on the investment level impacts of risk management. Risk management is used in the intense planning process to prioritize funding for assets and services of MnDOT. It also provides strategies for risk mitigation and impact management.

This presentation introduces the Colorado DOT's Risk Register Framework and its uses for risk management. It additionally introduces strategies like risk score by corridor, which enables agencies to assess risks across multiple asset types by location. The second half of the presentation focuses on overall performance risks and risk reduction strategy development.

This presentation seeks to answer questions about establishing risk management within transportation agencies. It first defines risk and explains the risk management process and its relationship to other transportation asset management processes. It then outlines the MAP-21 risk management requirements and the benefits of risk management.

This presentation focuses on three topics– risk, strategic decisions, and funding allocation considering risks. First, risk is defined, explaining its utility at different levels, and then investment decision making is outlined. Knowledge of these two topics enables readers to understand decision making while considering risks and the benefits such knowledge can provide.

This presentation demonstrates a systematic business approach to transportation asset management can help organizations reach their goals including greater consistency, reduce life cycle costs, and ensure performance goals are met. The presentation explains how a systematic business approach is built including the multi-level buy-in, technology, and strong leadership team.

This presentation overviews Denver RTD's asset management program. It explains the asset breakdown of Denver RTD's public and maintenance facilities, its condition assessments, and its dashboards.