PROJECT COMPLETE
Research Summary Series (research results in an easy to read format)
Project Report Now Available (May 2002):
Click here to download
the project report
Click here to download
the project appendix
Click here to view the text of the report in html
Click here to view the report appendix in html
Project
Number:
01-01
Research
Project:
Synthesis of National Activities in Transportation Asset Management
P.I.
Name & Address:
Jeffrey S. Russell
Department of Civil & Environmental Engineering
2304 Engineering Hall
1415 Engineering Drive
Madison, WI 53706
(608)
262-7244
(608)
265-9860 fax
russell@engr.wisc.edu
Project
Objective:
To develop a comprehensive summary of previous and current national
efforts concerning transportation asset management.
The intent of this project will be to accurately collect information from
a wide variety of transportation and public works organizations, including but
not limited to: the American Association of State Highway and Transportation
Officials (AASHTO) Task Force on Transportation Asset Management, the
Transportation Research Board (TRB), the National Research and Technology Forum,
the American Society of Civil Engineers’ Civil Engineering Research Foundation
(CERF), the Federal Highway Administration Office of Asset Management, the U.S.
Army, the Midwest Transportation Consortium, the American Public Works
Association (APWA), and individual state efforts in Virginia, Colorado, and the
District of Columbia
.
Project
Abstract:
Transportation asset management is a business process and a
decision-making framework that covers an extended time horizon, draws from
economics as well as engineering, and considers a broad range of assets.
The asset management approach incorporates the economic assessment of
trade-offs among alternative investment options and uses this information to
help make cost-effective investment decisions.
Currently there are multiple efforts targeting this broad concept of
Transportation Asset Management underway across the nation.
These efforts are not currently coordinated nor are there open channels
of communication or liaisons between them.
The efforts of these agencies will produce various products over a
timeframe ranging from the upcoming months to several years in the future.
The intent of this research is to summarize and synthesize each of the
national efforts and discover gaps in the research and/or literature that need
to be filled. At
a minimum, the research will produce a comprehensive resource of activities and
research in the subject area.
For example, each of the national organizations is struggling to reach a
means of implementing the theories of asset management.
This research will delineate the activities of the national organizations
to be used by departments of transportation.
The primary product of this effort will be a report summarizing the
national efforts and the overlapping areas these activities are including.
The ties into the AASHTO Task Force on Transportation Asset Management
strategic plan will also be highlighted.
Task
Descriptions:
Task
1- Research and interview participants and leaders in each of the aforementioned
national activities
Task
2-Compile directory of activities and products.
Task
3 - Write summary report and provide analysis.
Milestones,
Dates: Project
Start Date: 6/15/01, Final report by 3/31/02
Yearly
Budget:
$75,840
Total
Budget:
$75,840
Student
Involvement:
1 Graduate Project Assistant, 9 months @ 50% Effort
Relationship
to Other
Research
Projects: Synthesis
project will also relate to the findings of the asset management practices of
near-transportation private sector organizations project (01-02).
Technology
Transfer
Activities:
Project
report will be posted MRUTC website and distributed to organizations.
Preliminary results will be presented at the 4th National
Transportation Asset Management Workshop in September 2001.
Potential
Benefits
of
the Project:
An organized, comprehensive resource for the ongoing efforts related to
Transportation Asset Management will be useful to the State Departments of
Transportation in their attempts to implement activities optimizing
transportation investments and operations.
The inability of several organizations to collectively pool resources and
have a common understanding of each of their ongoing activities provides
tremendous inefficiencies.
This project will allow the national efforts to be adequately addressed
and synthesized into a single, cohesive report
TRB
Keywords:
Asset Management, Infrastructure, Maintenance Management
Primary
Subject:
Transportation
Asset Management Activities
Modal
Orientation:
All,
primarily highways