Summary
Subjects addressed:
Resource Allocation and Program Development, Risk ManagementTopics addressed:
Asset Management PlansAsset types addressed:
GeneralDetail
Title: AASHTO Subcommittee on Asset ManagementResource type: Website
Year published: 2013
Publisher: AASHTO
URL: https://old.tam-portal.com/
Abstract:
Transportation Asset Management is the standard of practice for state DOTs and others to manage the nation's physical transportation assets to optimize investment decisions. Transportation Asset Management is a strategic and systematic process of operating, maintaining, upgrading, and expanding physical assets effectively throughout their lifecycle. It focuses on business and engineering practices for resource allocation and utilization, with the objective of better decision making based upon quality information and well-defined objectives.