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Management Systems: Driving Performance A Glance at Data-Driven Decisionmaking Practices

Transportation Asset Management to Transportation Planning

Transportation Asset Management relies on data and data analysis to optimize the planning, preservation, improvement, and replacement of assets.

Transportation asset management (TAM) is a strategic and systematic process of allocating resources for the preservation, operation, management, upgrade, and expansion of the Nation's transportation infrastructure. Through the use of management systems and other tools, such as engineering and economic analyses, transportation agencies can strive to ensure the proper use and performance of those assets. TAM provides a holistic framework for agencies to maximize the return on investment, improve system performance, and increase customer satisfaction.

Transportation planning is a decisionmaking process. To make an informed decision, tools are needed to measure, assess, and forecast the impacts of transportation-planning alternatives. As a range of investment options are considered during the planning process, information-management systems that provide timely analyses and information to evaluate the cost and performance of various options and scenarios become quite important.

In this light, TAM is a true value added to transportation planning. TAM provides a link between policies and plan implementation within the decisionmaking framework and ensures that services and performance are aligned to customer's expectations. TAM relies on data and data analysis to optimize the planning, preservation, improvement, and replacement of assets. Instead of simply accounting for existing infrastructure and a series of individual projects, TAM looks at the whole network and makes strategic decisions as to how specific resources-money and staff-should be deployed. TAM serves as a critical link to connect the people who create the systems to those who manage and/or monitor the systems.

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Updated: 06/18/2012