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Optimal Resource Allocation in Transportation Asset Management

This research explores Transportation Asset Management (TAM) strategies to optimize resource allocation and enhance decision-making through well-defined objectives and quality information. It covers TAM concepts, implementation strategies, and self-assessment practices.

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Optimal Resource Allocation in Transportation Asset Management

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  1. NCHRP Researchon Transportation Asset Management --------------- Concept to Implementation

  2. Transportation Asset ManagementTAM “TAM focuses on a DOT’s business processes for resource allocation and utilization with the objective of better decision-making based upon quality information and well-defined objectives.” (TAM Guide, Nov 2002 ) • Optimizing resources to meet agency goals • Evaluating the consequences of various strategic options (what-if scenarios)

  3. NCHRP Support • Project 20-24(11): AASHTO Transportation Asset Management Guide (Nov. 2002)—by Cambridge Systematics, Inc. • Defines TAM and its business processes • Provides self-assessment and good practice • Project 08-69: AASHTO Transportation Asset Management Guide: A Focus on Implementation (Jan. 2011)—AECOM • Provides specific implementation strategies

  4. TAM Process

  5. Asset Management Guides • Volume 2: NCHRP 08-69 • Volume 1: NCHRP 20-24(11)

  6. Impacts on Practice at:http://www.trb.org/NCHRP/NCHRPImpactsonPractice.aspx TRB.ORG

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