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Transportation Asset Management Case Studies
Economics in Asset Management: The New York Experience

What has NYSDOT Learned?

NYSDOT has made several important findings in its quest to implement Asset Management principles:

  • The use of economic and other management tools is contingent on having clear lines of decision-making authority and accountability, particularly in a highly decentralized organization such as NYSDOT.
  • There is a need to continuously improve economic tools and methods to take advantage of improved automation and information management technologies.
  • Economic tradeoff analysis can play an important role in integrating the outputs of individual management systems.

Page 14 Photograph: First half of two-page panoramic photograph of an elevated highway section in an urban area.
Page 14 Photograph: Second half of two-page panoramic photograph of an elevated highway section in an urban area.

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Updated: 11/14/2012