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.*
Each State is required to develop a risk-based asset management plan for the National Highway System (NHS) to improve or preserve the condition of the assets and the performance of the system. (23 U.S.C. 119(e)(1), MAP-21 § 1106).
MAP 21 defines asset management as a strategic and systematic process of operating, maintaining, and improving physical assets, with a focus on engineering and economic analysis based upon quality information, to identify a structured sequence of maintenance, preservation, repair, rehabilitation, and replacement actions that will achieve and sustain a desired state of good repair over the lifecycle of the assets at minimum practicable cost. (23 U.S.C. 101(a)(2), MAP-21 § 1103).
States must address pavements and bridges but are encouraged to include all infrastructure assets within the highway right-of-way in their risk-based asset management plan. (Also can include roads other than on the NHS.)
A State asset management plan shall, as a minimum, be in a form that the Secretary determines to be appropriate and include:
Asset Management Plan - a plan for managing the asset base over a period of time in order to deliver the agreed Levels of Service and Performance Targets in the most cost-effective way. (Road Asset Management Plan, Transport Scotland, 2007)
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: