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Transportation Asset Management Plans

Transportation Asset Management Plans (TAMP) act as a focal point for information about the assets, their management strategies, long-term expenditure forecasts, and business management processes. Over time the plan should be further improved and become an important tool for an agency in demonstrating how it achieves its mission in addition to sustainable asset stewardship, effective use of resources, and robust justifications for funding. TAMPs are an essential management tool which bring together all related business processes and stakeholders, internal and external, to achieve a common understanding and commitment to improve performance. It is a tactical-level document which focuses its analysis, options development, programs, delivery mechanisms, and reporting mechanisms on ensuring that strategic objectives are achieved.*

A TAMP formalizes and documents key information including:

  • The strategic outcomes or objectives it supports;
  • The services that the agency delivers now and in the future and why they are delivered;
  • The nature of the assets required to deliver the services and their current condition and performance in a form relevant to assessing the achievement of the agency mission;
  • Planned asset improvements and capacity expansion in response to future demand, risk, and other trends;
  • How the assets will be cost-effectively managed throughout their life cycles;
  • Long-term financial forecasts, thus informing program development and budget cycles; and
  • Planned improvement in asset management business processes, goals and requirements for resource availability and productivity, and desired future performance resulting from implementation of the plan.

*AASHTO Asset Management Guide - A Focus on Implementation, Washington, D.C., January 2011

The Roadway Asset Management Plan (RAMP) sets out how we currently manage, or intend to manage, the trunk road network and the service this will deliver to you. The RAMP is an important document and we will regularly review and update it to reflect changes and improvements in our management practices.**

**Malcolm Reed, Chief Executive, Transport Scotland

"While an Asset Management Plan is just a document, we will be aligning our everyday work with its guidance in order to deliver true value. This is a meaningful challenge for us to make a meaningful difference in better achieving our targets."+

+Colin Crampton, Group Manager of Highways and Network Operations for the NZ Transport Agency

Further information concerning development of Asset Management Plans can be found in the AASHTO Asset Management Guide - A Focus on Implementation. In addition, examples of Asset Management Plans that have been developed can be found at the site links below:

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Updated: 05/17/2012