Summary
Subjects addressed:
General/TAM PracticeTopics addressed:
Asset Management PlansAsset types addressed:
GeneralDetail
Title: Asset Management Guide for Local AgenciesResource type: Guide/ Manual
Year published: 2020
Publisher: MnDOT
URL: https://researchprojects.dot.state.mn.us/projectpages/pages/projectDetails.jsf?id=8357&type=PROJECT&jftfdi=&jffi=projectDetails%3Fid%3D8357%26type%3DPROJECT
Abstract:
This guide covers all aspects of consolidated asset management for smaller groups, from getting started with the approach to an overview of software programs, the benefits of life-cycle cost analysis, and the need for risk management. More specifically, this guide provides guidance in developing an asset inventory and condition assessment, establishing performance measures and goals, identifying and rating risk, determining lifecycle planning and funding strategies, and creating asset management plans and programs using existing and new resources.