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Author: United States. Federal Highway Administration. Office of Asset Management, Pavements and Construction Publisher: ISBN: Category : Infrastructure (Economics) Languages : en Pages : 60
Book Description
Transportation agencies have the responsibility and the challenging task to maintain, preserve and improve infrastructure assets (assets) for current and future generations. While maintaining existing assets is an overriding concern for transportation agency officials, most agencies are grappling with funding issues. Considering the fact that assets such as pavements and bridges have long useful lives, a sound asset management practice will necessitate the development of long-term asset management plans. Practices and experiences from other countries with mature asset management processes and also from transportation agencies within the U.S. show that implementing and sustaining the performance and condition of assets requires long-term financial plans that support and are linked to long-term asset management strategies. Comprehensive transportation asset management plans (TAMPs) could show the expected and desired projections of asset performance and condition for ten or more years into the future. A pragmatic TAMP would address the amount of investment required each year for the rehabilitation, preservation and maintenance of assets during their useful life. The associated financial plan can be linked to the targeted performance and conditions of the assets identified in the TAMP.
Author: United States. Federal Highway Administration. Office of Asset Management, Pavements and Construction Publisher: ISBN: Category : Infrastructure (Economics) Languages : en Pages : 60
Book Description
Transportation agencies have the responsibility and the challenging task to maintain, preserve and improve infrastructure assets (assets) for current and future generations. While maintaining existing assets is an overriding concern for transportation agency officials, most agencies are grappling with funding issues. Considering the fact that assets such as pavements and bridges have long useful lives, a sound asset management practice will necessitate the development of long-term asset management plans. Practices and experiences from other countries with mature asset management processes and also from transportation agencies within the U.S. show that implementing and sustaining the performance and condition of assets requires long-term financial plans that support and are linked to long-term asset management strategies. Comprehensive transportation asset management plans (TAMPs) could show the expected and desired projections of asset performance and condition for ten or more years into the future. A pragmatic TAMP would address the amount of investment required each year for the rehabilitation, preservation and maintenance of assets during their useful life. The associated financial plan can be linked to the targeted performance and conditions of the assets identified in the TAMP.
Author: American Association of State Highway and Transportation Officials Publisher: AASHTO ISBN: 156051499X Category : Business & Economics Languages : en Pages : 458
Book Description
Aims to encourage transportation agencies to address strategic questions as they confront the task of managing the surface transportation system. Drawn form both national and international knowledge and experience, it provides guidance to State Department of Transportation (DOT) decision makers, as well as county and municipal transportation agencies, to assist them in realizing the most from financial resources now and into the future, preserving highway assets, and providing the service expected by customers. Divided into two parts, Part one focuses on leadership and goal and objective setintg, while Part two is more technically oriented. Appendices include work sheets and case studies.
Author: Muddassar Sarfraz Publisher: BoD – Books on Demand ISBN: 1839689056 Category : Business & Economics Languages : en Pages : 303
Book Description
Risk management is a very important process in the context of global and organizational sustainability. It helps organizations prepare for organizational risks and reduce costs before they occur. Risk management contributes to the achievement of organizational objectives and to the development of organizational benefits and risk opportunities. As such, this book identifies strategic challenges for risk management assessment and practices, examines potential factors that affect business growth, and offers new opportunities for enterprises. It includes fifteen chapters that cover such topics as sustainable management in the construction industry, risk communication in the age of COVID, managing tax risks in mergers and acquisitions, corporate governance, and much more.
Author: United States. Federal Highway Administration. Office of Asset Management Publisher: ISBN: Category : Express highways Languages : en Pages : 46
Book Description
"Transportation asset management (TAM) enters a new risk-based era with the enactment of the moving ahead for Progress in the 21st Century Act, also known as MAP-21. The legislation requires a risk-and-performance based asset management plan for bridges and pavements on the national Highway system (NHS). MAP-21 also requires development of a national freight network that consists of critical corridors, facilities and connectors. As transportation agencies develop their asset management plans, it is likely that they will stratify their risks based upon the importance of the key networks, corridors and facilities. This report, the fourth in a series of five reports on risk management, examines how agencies may apply risk-based asset management practices to key networks, corridors and facilities, particularly ones moving freight. The first three reports covered an overview of risk management, multi-level management of risks and achievement of policy objectives through risk management." -- Introduction
Author: Keith Robert Molenaar Publisher: Transportation Research Board ISBN: 0309154766 Category : Project management Languages : en Pages : 132
Book Description
This guidebook provides guidance to state departments of transportation for using specific, practical, and risk-related management practices and analysis tools for managing and controlling transportation project costs. Containing a toolbox for agencies to use in selecting the appropriate strategies, methods and tools to apply in meeting their cost-estimation and cost-control objectives, this guidebook should be of immediate use to practitioners that are accountable for the accuracy and reliability of cost estimates during planning, priority programming and preconstruction.
Author: El Bachir Boukherouaa Publisher: International Monetary Fund ISBN: 1589063953 Category : Business & Economics Languages : en Pages : 35
Book Description
This paper discusses the impact of the rapid adoption of artificial intelligence (AI) and machine learning (ML) in the financial sector. It highlights the benefits these technologies bring in terms of financial deepening and efficiency, while raising concerns about its potential in widening the digital divide between advanced and developing economies. The paper advances the discussion on the impact of this technology by distilling and categorizing the unique risks that it could pose to the integrity and stability of the financial system, policy challenges, and potential regulatory approaches. The evolving nature of this technology and its application in finance means that the full extent of its strengths and weaknesses is yet to be fully understood. Given the risk of unexpected pitfalls, countries will need to strengthen prudential oversight.
Author: United States. Federal Highway Administration. Office of Asset Management Publisher: ISBN: Category : State transportation agencies Languages : en Pages : 21
Author: Federal Highway Administration. Office of Asset Management Publisher: ISBN: Category : Express highways Languages : en Pages : 47
Book Description
"This is the fifth of five reports examining how risk management complements asset management. This last report examines how physical, climatic, seismic and other external threats can be addressed in risk-based asset management programs. The first four reports and the literature review emphasized the definition of risk as the positive or negative effect of uncertainty or variability upon agency objectives. Those reports emphasized that risks could be positive in that some types of uncertainty can create opportunities. However, this report will focus more on negative risks, or threats. These risks generally are external, and while highly probable over a long period of time, are difficult to predict in the short term. Randomness and variability complicate planning for them. In August 2011, Hurricane Irene reached one of the nation's most northern states, Vermont, and damaged 480 bridges out of a total network of 2717 bridges. In one day, more bridge deterioration occurred than normally would occur over many years. Accurate prediction of such events is nearly impossible. Such a significant storm had not struck Vermont for 83 years. In managing risks to assets from external threats, this report emphasizes the Three Rs, which are Redundancy, Robustness and Resiliency. These will be defined, described and illustrated through several agency examples. Asset management plays a critical role in each, particularly Robustness and Resiliency. Including the Three Rs in asset planning efforts can better prepare agencies to cope with an increasingly unpredictable world."--Introduction
Author: United States. Federal Highway Administration. Office of Asset Management, Pavements and Construction
Author: United States. Federal Highway Administration. Office of Asset Management, Pavements and Construction
Author: 
Author: American Association of State Highway and Transportation Officials
Author: Muddassar Sarfraz
Author: United States. Federal Highway Administration. Office of Asset Management
Author: Cambridge Systematics
Author: Keith Robert Molenaar
Author: El Bachir Boukherouaa
Author: United States. Federal Highway Administration. Office of Asset Management
Author: Federal Highway Administration. Office of Asset Management