What Is TPM?
TPM - Focusing on Performance for Safe, Reliable Journeys. The Federal Highway Administration defines Transportation Performance Management (TPM) as a strategic approach that uses system information to make investment and policy decisions to achieve national performance goals.3 boxes. The first is 'Investment Decisions Using goals, measures, and data to make better informed decisions about how to invest transportation funding' with an arrow to box 2. Box 2 says 'Aimed at a Better Performing Transportation System Setting targets, developing plans, reporting results, and being accountable for performance.' Then an arrow to box 3 which is 'For Connected and Productive Communities Focusing on the efficient delivery of goods and safe, reliable journeys to work, to school, to shopping, to community activities'
FHWA defines Transportation Performance Management as a strategic approach that uses system information to make investment and policy decisions to achieve national performance goals.
In short, Transportation Performance Management:
- Is systematically applied, a regular ongoing process
- Provides key information to help decision makers to understand the consequences of investment decisions across transportation assets or modes
- Improving communications between decision makers, stakeholders and the traveling public
- Ensuring targets and measures are developed in cooperative partnerships and based on data and objective information
How TPM and Asset Management Work Together