Post on 22-Nov-2014
description
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Asset Management-Taking the Next Step -
presented at:
4th National Transportation Asset Management WorkshopMRUTC – Madison, Wisconsin
presented by:
Tony Kane, DirectorEngineering and Technical ServicesAASHTO
September 24, 2001
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What is Transportation Asset Management?
A strategic approach to managing transportation
infrastructure
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A philosophy Long-term view Comprehensive Proactive
A process Investment choices, tradeoffs, decisions Organizational roles and responsibilities Improved horizontal and vertical
communication
A set of technical tools Management systems Integrated Data Specialized methods
What is Transportation Asset Management?
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Driving Interest in Asset Management
Aging infrastructureResource limitations Financial Human
Changing agency roles from production to operations, policy and managementIncreasing public expectations and use of systemInformation technology and advanced management systemsRegulatory and political demands Performance measures Asset valuation
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Why is Asset Management Important?
Enables an agency to support and justify legislative budget requests.Maximizes the benefits from available funding.Shows the trade-offs of alternative investment strategies.Supports decision making and enhances productivity.Facilitates decision making using readily available quantitative and qualitative information.Enables appropriate resource allocation and asset optimization.
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Why is Transportation AssetManagement so Important Now?
• $1 Trillion Investment in Highways• Shift from Construction to Preservation• Aging Infrastructure• Increasing Traffic & Growth in Movement of Goods• Reinventing Government• Performance Management & Accountability• Information Age
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Accomplishments
4 National Workshops since 1996.Numerous Organizations have held Meetings to investigate Asset Management (CERF, APWA, ASCE).FHWA has established an Office of Asset Management.AASHTO establishment of Task Force on Transportation Asset Management in 1998,and adoption of Strategic Plan in 2000.Establishment of a TRB Task Force in 2000.GASB 34 Workshops held.NCHRP Project to Develop First-Generation Asset Management Guide begun in 1999.NCHRP Project to research new tools in 2001.Joint web site is being established.
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AASHTO Strategic Plan
Goal 1: “Develop Partnerships”“Develop Partnerships” 4 strategies
Goal 2: “Develop An Understanding”“Develop An Understanding” 7 strategies
Goal 3: “Promote Tools and Research”“Promote Tools and Research” 8 strategies
Goal 4: “Inform Member States on Use”“Inform Member States on Use” 2 strategies
Goal 5: “Assist Member States”“Assist Member States” 4 strategies
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Keys to Success
Promote sustained political commitment.Provide executive leadership.Commit resources at the State and National Level.Facilitate sharing between States.Pool organizational resources between AASHTO, TRB/NCHRP, and FHWA.
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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.
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Review of current asset management practices in the public and private sectors State DOTs
Interviews with New York, Colorado, Arizona, Washington State, California, and Michigan
Literature review of other work, conferences, surveys
Organization for Economic Cooperation and Development
United Kingdom: English Highways Agency Reports and handbooks by Australia and New
Zealand Selected private-sector industries’ practices
NCHRP 20-24(11) - Activities to Date
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Development of an asset management framework Definition of asset management Review of methods to describe and rate
management processes Development of rating matrices
Recommendations for asset management research program
NCHRP 20-24(11) - Activities to Date
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Principles of Asset Management
Comprehensive view of assets (highways, bridges, ITS, etc.)Long-term (life-cycle) view of asset performance and costsDecisions driven by policy goals / objectives and system performanceTradeoffs among programs, modes, actionsProjects and services delivered in most effective way availableQuality information at all stages of process
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Types of Assets Included
State-owned transportation infrastructure (typical) Roadways Bridges, other structures Operations hardware Associated features and facilities
Transportation infrastructure in which state has an interest (on a case-by-case basis): Off-system roadways and bridges Railways (freight, passenger, transit) Intermodal facilities - ports, airports, terminals… Pedestrian and bike paths
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Responsibility for different modes is fragmentedFunding often constrained by mode and functionWithin highway organization - pavement, bridge, maintenance, and other organizational units are not integratedManagement systems are stand-alone and of different vintagesSenior management does not have access to sufficient quality information to make tradeoffs effectively
Current State Practices
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Current State Practices
System preservation versus new capacity, service, or system expansionOperations (ITS) versus capital improvementsInvestments across modesPassenger versus freight mobilityRural economic development versus urban congestion mitigation
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Key Challenges - Institutional
Integrating decision-making and resource allocation across all asset classesCombining financial, management, engineering, and operational perspectivesDefining system performance measures that reflect customer perspective and user costsSenior management support and leadershipDeveloping new public and private sector rolesIncreased scope and complexity of responsibilities must be balanced against resource limits and imposed constraints
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Integrating legacy systems for different asset classesDeveloping comprehensive, GIS-compatible, enterprise-wide databasesCreating next generation management systems that support wide range of “what-if” analyses reflecting different budget and performance assumptionsImproving life-cycle analysis methodsStrengthening transportation system monitoring capabilities
Key Challenges - Technical