Summary
Subjects addressed:
Risk ManagementTopics addressed:
Asset Management PlansAsset types addressed:
GeneralDetail
Title: Risk-Based Investment DecisionsResource type: Presentation
Year published: 2016
Publisher: TRB
URL: http://onlinepubs.trb.org/onlinepubs/conferences/2016/AssetMgt/21.GordonProctor.pdf
Abstract:
This presentation focuses on risk management. First, it defines risk and its current place in transportation asset management. It then explains risk management's relationship to performance management, using examples such as fuel consumption trends and construction price trends. Finally, it provides background information on a variety of risk management tools, software, and simulations.