Guide to Asset Management Part 8: Asset valuation and audit | Research ReportAsset Management, Pavement
Asset Valuation and Audit is the title of part 8 of the Austroads Guide to Asset Management. It provides a comprehensive guidance for asset managers in the road industry. Part 8 Asset Valuation and Audit provides guidance on how to undertake an asset valuation to assist the asset manager with long-term asset and financial management requirements, how an auditor undertakes an audit of infrastructure and how to present information on financial sustainability of the agency to external stakeholders and other customers by use of public reports and other media. Part 8 Asset Valuation and Audit complements the Australian Infrastructure Financial Management Guidelines published by the Institute of Public Works Engineering Australia.
State of Good Repair MBTA Practices and Lessons Learned | Presentation
National Bridge Inventory | PresentationAsset Management, Bridge
Overview of the National Bridge Inventory – Per 23 CFR 650C – National Bridge Inspection Standards (NBIS), each State or Federal agency must prepare and maintain an inventory of all bridges subject to the NBIS. Discussion of the recognized need to update the existing Coding Guide.
Transportation Choices 2030 | Plan
The New Jersey long range transportation plan describes the state of transportation in NJ, it predicts trends for the future of transportation, and it provides policy directions for how to achieve the state's goals. Working with key partners and public survey, the NJ plan encapsulates the needs and ideas of transportation users from across the state. As of February 2020, this plan is currently under development, and a new draft is expected soon.
Kansas's long range plan provides a vision and framework for the transportation system until 2030. It is guided by three primary principles: system preservation, safer travel, and economic growth. Dealing with the challenges caused by funding shortages and a need to transition to more adaptive decision-making, the long range plan concludes by outlining a series of system-wide recommendations. Most of these recommendations originate from stakeholder meetings conducted by Kansas DOT.
In August 2019, Kansas DOT released a memo briefly describing their plan to update their long range transportation plan and extend the horizon to 2045. Until the new plan is released, the most up-to-date plan is this one from 2008.
Better Practice Guide: Risk Management | Research Report
This report by the Australian Government works as a guide to explain and implement risk management systems within Australian Government agencies. It first contextualizes risk within the Australian Government, and then explains both the foundation and operationalization of effective risk management. While it does provide outlines for these tasks, it should be noted that it is particularly Australia/ New Zealand specific.
Potential Impacts of Climate Change on U.S. Transportation | Research Report
This report focuses on how climate change will affect transportation infrastructure. It contains a clear assessment of the scientific consensus on climate change and explains how agencies must adapt to the changing climate. The report is divided in six chapters: 1, introduction; 2, review of the current knowledge about climate change; 3, the vulnerability of infrastructure; 4, how climate change affects the transportation industry specifically; 5, adoption strategies; and 6, policy recommendations.
Why Do We Need to Take a Risk Assessment-Based Approach in Road Safety? | Research Report
This study explains why the traditional approach to road safety is inferior to a more modern risk assessment system. Historically, risk on roads were determined by previous crashes. If a crash occurred at a location, that location was assessed to have risk. A superior system, however, is assessing roads for risk based on their design and use before a crash actually occurs. Australia adopted this approach under their Safe System.
Managing Information Risk | Research Report
This guide by Her Majesty’s Government seeks to highlight specific topics related to the management of information risk. It first defines and explains the idea of information risk. It follows this by then explaining all of the different issues such as lack of comprehensive oversight and control, third party failure, and loss of critical information giving real case studies for each.
Strategic Blueprint to Create Communities of Best Practice in the U.S. | Research Report
The report was commissioned by FHWA to evaluate the state of the practice of Asset Management in local communities in the U.S. and to provide a strategic blueprint for future work in this field. Also included is a presentation describing the work and the findings.
Pavement Management Systems - The Washington State Experience | Research ReportAsset Management, Pavement
This case study details the pavement management process at Washington State DOT. The agency employs its Pavement Management System (WSPMS) to manage the State's pavements. WSPMS contains pavement condition, construction, and traffic history data. The system helps analysts to identify candidate pavement projects, predict timing for rehabilitation projects, and prioritize pavement projects. Along with other analyses, these practices have allowed the WSPMS to act as an integral element of asset management programming at WSDOT. This report is part of the FHWA Office of Asset Management's series of case studies on TAM, produced with the goal of sharing information between agencies to improve efficiency.