Developing an Asset Management Program (Salida)
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The large inventory of aging roadways, bridges, the dramatic increases in construction costs, the retirement of experienced transportation workers and the increased competition for available funding have increased the challenges transportation agencies face as they manage their roadway systems. A number of agencies have established programs to help document asset conditions, to allocate funding, and to determine the most effective use of available funds. These programs provide the processes and tools necessary to help transportation leaders make informed project decisions that can improve the overall operational efficiency of the organization. The Local Technical Assistance Program (LTAP) community has partnered with the Federal Highway Administration (FHWA) to develop these training materials to introduce asset management concepts and provide the guidance needed to get started.
Purpose: Local transportation agencies are facing many challenges in aging roadways and bridges, constant fluctuations in construction costs and less funding for managing their roadways. This course will demonstrate the importance of having a Transportation Asset Management program (TAM) to help document asset conditions, allocate funding and determine most effective use of funds.
Identify key principles of transportation asset management
Effective Transportation Asset Management
Developing & Implementing an Asset Management Program
Inventory and Condition Assessment
Setting Performance Targets