The document discusses the Metropolitan Transportation Authority's efforts to implement an enterprise asset management system. It notes that the MTA operates one of the largest transportation systems in the world, with nearly $1 trillion in physical assets. The goals of the asset management system are to create an effective management framework to support informed decision making regarding operational and capital needs for maintaining infrastructure assets. It also aims to justify funding requirements through effective long term planning over the asset lifecycle. The document outlines the key components of the MTA's asset management system, including asset information management, performance reporting, and alignment of agency strategies and objectives.