Welcome for AASHTO

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Welcome for AASHTO

  1. 1. Asset Management -Taking the Next Step - presented at: 4 th National Transportation Asset Management Workshop MRUTC – Madison, Wisconsin presented by: Tony Kane, Director Engineering and Technical Services AASHTO September 24, 2001
  2. 2. What is Transportation Asset Management? <ul><li>A strategic approach to managing transportation infrastructure </li></ul>
  3. 3. <ul><li>A philosophy </li></ul><ul><ul><li>Long-term view </li></ul></ul><ul><ul><li>Comprehensive </li></ul></ul><ul><ul><li>Proactive </li></ul></ul><ul><li>A process </li></ul><ul><ul><li>Investment choices, tradeoffs, decisions </li></ul></ul><ul><ul><li>Organizational roles and responsibilities </li></ul></ul><ul><ul><li>Improved horizontal and vertical communication </li></ul></ul><ul><li>A set of technical tools </li></ul><ul><ul><li>Management systems </li></ul></ul><ul><ul><li>Integrated Data </li></ul></ul><ul><ul><li>Specialized methods </li></ul></ul>What is Transportation Asset Management?
  4. 4. Driving Interest in Asset Management <ul><li>Aging infrastructure </li></ul><ul><li>Resource limitations </li></ul><ul><ul><li>Financial </li></ul></ul><ul><ul><li>Human </li></ul></ul><ul><li>Changing agency roles from production to operations, policy and management </li></ul><ul><li>Increasing public expectations and use of system </li></ul><ul><li>Information technology and advanced management systems </li></ul><ul><li>Regulatory and political demands </li></ul><ul><ul><li>Performance measures </li></ul></ul><ul><ul><li>Asset valuation </li></ul></ul>
  5. 5. Why is Asset Management Important? <ul><li>Enables an agency to support and justify legislative budget requests. </li></ul><ul><li>Maximizes the benefits from available funding. </li></ul><ul><li>Shows the trade-offs of alternative investment strategies. </li></ul><ul><li>Supports decision making and enhances productivity. </li></ul><ul><li>Facilitates decision making using readily available quantitative and qualitative information. </li></ul><ul><li>Enables appropriate resource allocation and asset optimization. </li></ul>
  6. 6. Why is Transportation Asset Management so Important Now? <ul><li>$1 Trillion Investment in Highways </li></ul><ul><li>Shift from Construction to Preservation </li></ul><ul><li>Aging Infrastructure </li></ul><ul><li>Increasing Traffic & Growth </li></ul><ul><li>in Movement of Goods </li></ul><ul><li>Reinventing Government </li></ul><ul><li>Performance Management </li></ul><ul><li>& Accountability </li></ul><ul><li>Information Age </li></ul>
  7. 7. Accomplishments <ul><li>4 National Workshops since 1996. </li></ul><ul><li>Numerous Organizations have held Meetings to investigate Asset Management (CERF, APWA, ASCE). </li></ul><ul><li>FHWA has established an Office of Asset Management. </li></ul><ul><li>AASHTO establishment of Task Force on </li></ul><ul><li>Transportation Asset Management in 1998, </li></ul><ul><li>and adoption of Strategic Plan in 2000. </li></ul><ul><li>Establishment of a TRB Task Force in 2000. </li></ul><ul><li>GASB 34 Workshops held. </li></ul><ul><li>NCHRP Project to Develop First-Generation Asset Management Guide begun in 1999. </li></ul><ul><li>NCHRP Project to research new tools in 2001. </li></ul><ul><li>Joint web site is being established. </li></ul>
  8. 8. AASHTO Strategic Plan Goal 1: “Develop Partnerships” 4 strategies Goal 2: “Develop An Understanding” 7 strategies Goal 3: “Promote Tools and Research” 8 strategies Goal 4: “Inform Member States on Use” 2 strategies Goal 5: “Assist Member States” 4 strategies
  9. 9. Keys to Success <ul><li>Promote sustained political commitment. </li></ul><ul><li>Provide executive leadership. </li></ul><ul><li>Commit resources at the State and National Level. </li></ul><ul><li>Facilitate sharing between States. </li></ul><ul><li>Pool organizational resources between AASHTO, TRB/NCHRP, and FHWA. </li></ul>
  10. 10. Hallmark The “Hallmark” of Asset Management is our commitment, as the nation’s transportation leaders, to strive continuously and collectively to improve the way we manage the transportation systems in the United States.
  11. 11. <ul><li>Review of current asset management practices in the public and private sectors </li></ul><ul><ul><li>State DOTs </li></ul></ul><ul><ul><ul><li>Interviews with New York, Colorado, Arizona, Washington State, California, and Michigan </li></ul></ul></ul><ul><ul><ul><li>Literature review of other work, conferences, surveys </li></ul></ul></ul><ul><ul><li>Organization for Economic Cooperation and Development </li></ul></ul><ul><ul><li>United Kingdom: English Highways Agency </li></ul></ul><ul><ul><li>Reports and handbooks by Australia and New Zealand </li></ul></ul><ul><ul><li>Selected private-sector industries’ practices </li></ul></ul>NCHRP 20-24(11) - Activities to Date
  12. 12. <ul><li>Development of an asset management framework </li></ul><ul><ul><li>Definition of asset management </li></ul></ul><ul><ul><li>Review of methods to describe and rate management processes </li></ul></ul><ul><ul><li>Development of rating matrices </li></ul></ul><ul><li>Recommendations for asset management research program </li></ul>NCHRP 20-24(11) - Activities to Date
  13. 13. Principles of Asset Management <ul><li>Comprehensive view of assets (highways, bridges, ITS, etc.) </li></ul><ul><li>Long-term (life-cycle) view of asset performance and costs </li></ul><ul><li>Decisions driven by policy goals / objectives and system performance </li></ul><ul><li>Tradeoffs among programs, modes, actions </li></ul><ul><li>Projects and services delivered in most effective way available </li></ul><ul><li>Quality information at all stages of process </li></ul>
  14. 14. Types of Assets Included <ul><li>State-owned transportation infrastructure (typical) </li></ul><ul><ul><li>Roadways </li></ul></ul><ul><ul><li>Bridges, other structures </li></ul></ul><ul><ul><li>Operations hardware </li></ul></ul><ul><ul><li>Associated features and facilities </li></ul></ul><ul><li>Transportation infrastructure in which state has an interest (on a case-by-case basis): </li></ul><ul><ul><li>Off-system roadways and bridges </li></ul></ul><ul><ul><li>Railways (freight, passenger, transit) </li></ul></ul><ul><ul><li>Intermodal facilities - ports, airports, terminals… </li></ul></ul><ul><ul><li>Pedestrian and bike paths </li></ul></ul>
  15. 15. <ul><li>Responsibility for different modes is fragmented </li></ul><ul><li>Funding often constrained by mode and function </li></ul><ul><li>Within highway organization - pavement, bridge, maintenance, and other organizational units are not integrated </li></ul><ul><li>Management systems are stand-alone and of different vintages </li></ul><ul><li>Senior management does not have access to sufficient quality information to make tradeoffs effectively </li></ul>Current State Practices
  16. 16. Current State Practices <ul><li>System preservation versus new capacity, service, or system expansion </li></ul><ul><li>Operations (ITS) versus capital improvements </li></ul><ul><li>Investments across modes </li></ul><ul><li>Passenger versus freight mobility </li></ul><ul><li>Rural economic development versus urban congestion mitigation </li></ul>
  17. 17. Key Challenges - Institutional <ul><li>Integrating decision-making and resource allocation across all asset classes </li></ul><ul><li>Combining financial, management, engineering, and operational perspectives </li></ul><ul><li>Defining system performance measures that reflect customer perspective and user costs </li></ul><ul><li>Senior management support and leadership </li></ul><ul><li>Developing new public and private sector roles </li></ul><ul><li>Increased scope and complexity of responsibilities must be balanced against resource limits and imposed constraints </li></ul>
  18. 18. <ul><li>Integrating legacy systems for different asset classes </li></ul><ul><li>Developing comprehensive, GIS-compatible, enterprise-wide databases </li></ul><ul><li>Creating next generation management systems that support wide range of “ what-if ” analyses reflecting different budget and performance assumptions </li></ul><ul><li>Improving life-cycle analysis methods </li></ul><ul><li>Strengthening transportation system monitoring capabilities </li></ul>Key Challenges - Technical

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