Transportation Asset Management

  • 535 views
Uploaded on

 

  • Full Name Full Name Comment goes here.
    Are you sure you want to
    Your message goes here
    Be the first to comment
No Downloads

Views

Total Views
535
On Slideshare
0
From Embeds
0
Number of Embeds
0

Actions

Shares
Downloads
19
Comments
0
Likes
1

Embeds 0

No embeds

Report content

Flagged as inappropriate Flag as inappropriate
Flag as inappropriate

Select your reason for flagging this presentation as inappropriate.

Cancel
    No notes for slide

Transcript

  • 1. Transportation Asset Management Presented by: Madeleine Bloom, Director Office of Asset Management, FHWA An Introductory Briefing FEDERAL HIGHWAY ADMINISTRATION Asset Management
  • 2. Agenda
    • Introduction
    • What is Asset Management?
    • Why Asset Management?
    • How do we get there?
    • Conclusion
    FEDERAL HIGHWAY ADMINISTRATION Asset Management
  • 3. What is Asset Management ?
    • No “definitive” definition
    • Bottom-line: Cost-effective resource allocation and programming decisions
    Working Definition FEDERAL HIGHWAY ADMINISTRATION Asset Management
  • 4. What is Asset Management ?
    • Partnership
    • Consensus
    • Information based
    • Strategic Resource Allocation
    • Performance Measurement
    • Feedback
    What it means…. FEDERAL HIGHWAY ADMINISTRATION Asset Management
  • 5. What is Asset Management ? Key Elements Engineering Economics Business Practices FEDERAL HIGHWAY ADMINISTRATION Asset Management
  • 6. Broad Range of Assets Highway Transit Air Pavements Bridges Hardware Tunnels Signals Rest Areas    Dollars People Data Tracks Rolling Stock Stations    Runways Terminals Hangers    What is Asset Management? FEDERAL HIGHWAY ADMINISTRATION Asset Management
  • 7. Why Asset Management
    • System Demands
    • Personnel Constraints
    • Increased Budget Demands
    Driving Trends Transportation Environment FEDERAL HIGHWAY ADMINISTRATION Asset Management
  • 8. Why Asset Management
    • What is Bought with Public Funds
    • How Spending Decisions are made
    • What is Accomplished
    Driving Trends Accountability FEDERAL HIGHWAY ADMINISTRATION Asset Management
  • 9.
    • New Financial Reporting Requirement for States
    • Requires Recording of Long-Lived Infrastructure
    • Depreciation or Preservation (Asset Management) Approach
    Why Asset Management Driving Trends GASB Statement No. 34 FEDERAL HIGHWAY ADMINISTRATION Asset Management
  • 10. Why Asset Management
    • Increasingly powerful computers
    • Sophisticated analytical tools and techniques
    • Advances in information technology
    Driving Trends Technological Advances FEDERAL HIGHWAY ADMINISTRATION Asset Management
  • 11. How Do We Get There?
    • FHWA Reorganization
    • Consolidate Disparate Functions
    • Partnership with AASHTO
    FHWA Office of Asset Management FEDERAL HIGHWAY ADMINISTRATION Asset Management
  • 12. How Do We Get There?
    • AASHTO Task Force
    • Workshops
    • AASHTO Guide to Asset Management (NCHRP)
    • AASHTO Strategic/Action Plan
    AASHTO/FHWA Partnership FEDERAL HIGHWAY ADMINISTRATION Asset Management
  • 13. Transportation Asset Management Workshops How Do We Get There? AASHTO/FHWA Partnership FEDERAL HIGHWAY ADMINISTRATION Asset Management
  • 14. Strategic Plan - Goals
    • Develop Partnerships
    • Develop an Understanding
    • Develop Tools and Research
    • Inform Leadership on Use
    • Assist Member States
    How Do We Get There? AASHTO FEDERAL HIGHWAY ADMINISTRATION Asset Management
  • 15. Keys to Success
    • Sustained Political Commitment
    • Executive Leadership
    • Commit Resources - State and National Level
    • Facilitate Sharing between States
    • Pool Organizational Resources - AASHTO, TRB/NCHRP and FHWA
    Conclusion FEDERAL HIGHWAY ADMINISTRATION Asset Management