Metropolitan Planning Organizations (MPOs) are recognizing the benefits to using asset management principles for planning and prioritizing regional investments. This webinar is designed for MPOs and other regional planning organizations to introduce the concepts of asset management and to show how several MPOs are using asset management to improve the effectiveness of how available funds are being used.
This webinar will complement and expand upon the webinar first held on October 8, 2014, which provided an introduction to transportation asset management financial plans in the context of MAP-21. Representatives from US and international transportation agencies will offer new perspectives on the challenges and the benefits of developing a transportation asset management financial plan. This follow-up webinar will highlight agency outcomes and lessons-learned since the conclusion of the Part I webinar.
Managing assets cost-effectively requires agencies to consider all costs over the life of an asset: construction, maintenance, and rehabilitation activities. MAP-21 promotes the use of a LCA in a TAMP as a way of demonstrating the costeffectiveness of different preservation strategies. Learn more about conducting a network-level LCA during this webinar and see how the results of their analysis can be used to improve the effectiveness of their investments.
This webinar builds on the previous webinar by providing an opportunity for transportation agencies to share their experiences with conducting a network-level life cycle analysis, including how the results of the analysis have influenced their investment strategies.
Traditionally, agency investment decisions have focused on individual projects that address the needs of a single asset, such as a pavement or bridge. As agencies have advanced their asset management practices, there has been increasing interest in establishing investment strategies that cross the traditional silos. During this webinar, the TAM ETG presents its White Paper on the topic and delves into this topic in detail with a panel of state DOT executives.
In most agencies, TAM represents a new way of doing business, linking strategic, tactical, and operational plans through performance-based investment decisions. For TAM to be more than just a 'fad' it is important that the principles of asset management are embraced at all levels of an organization. In this webinar, transportation agency representatives will share successes and challenges they have faced as they have integrated asset management into their business processes.