TRANSPORTATION ASSET MANAGEMENT: NEW GUIDE ADVANCES STATE OF THE PRACTICE
Asset management is a strategic approach to allocating and using available resources cost-effectively. A National Cooperative Highway Research Program Project, Asset Management Guidance for Transportation Agencies, has assembled a comprehensive guide to asset management, defining principles and detailing the applications to transportation agency investments in infrastructure preservation, operations, and capacity expansion. This article is a preview of the concepts, principles, and techniques described in the guide, with examples of the improvements that asset management can introduce in the ways an agency allocates resources and employs different types of investments.
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Supplemental Notes:
- Distribution, posting, or copying of this PDF is strictly prohibited without written permission of the Transportation Research Board of the National Academy of Sciences. Unless otherwise indicated, all materials in this PDF are copyrighted by the National Academy of Sciences. Copyright © National Academy of Sciences. All rights reserved
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Corporate Authors:
500 Fifth Street, NW
Washington, DC United States 20001 -
Authors:
- Neumann, L A
- Markow, M J
- Lambert, L H
- Publication Date: 2003-11
Language
- English
Media Info
- Features: Photos;
- Pagination: p. 8-15
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Serial:
- TR News
- Issue Number: 229
- Publisher: Transportation Research Board
- ISSN: 0738-6826
Subject/Index Terms
- TRT Terms: Asset management; Guidelines; Infrastructure; Investments; Resource allocation; State of the practice; Transportation
- Subject Areas: Administration and Management; Transportation (General); I10: Economics and Administration;
Filing Info
- Accession Number: 00968551
- Record Type: Publication
- Files: TRIS, TRB, ATRI
- Created Date: Jan 15 2004 12:00AM