TAM Case Studies Miniseries Part 1 – Don’t Let Financial Uncertainty Derail Your TAMP: Strategies for Identifying & Managing Financial Risks
Transportation agencies’ ability to manage their transportation systems can be impacted by unexpected and unplanned events, such as revenue disruptions and natural hazards. Managing these uncertainties through risk management is an integral part of modern leadership practices and a key component to Transportation Asset Management (TAM). The FHWA initiated a project to advance the consideration of financial and organizational risks in a Transportation Asset Management Plan (TAMP). Several resources were developed to illustrate strategies for managing these types of risks, including two webinars. This webinar focuses on identifying and managing financial risks.
Featured presentations and speakers:
- “Michigan Case Study: Asset Preservation as a Guiding Principle for Managing Financial Risks,” Lina Chapman and Bradley Sharlow, Michigan DOT
- “Florida DOT Case Study: Managing Financial Risks by Monitoring Revenues, Costs, and Managing Investment Streams,” Daniel Cashin, Florida DOT
Case studies featured in this webinar:
Florida DOT Case Study: https://www.fhwa.dot.gov/asset/pubs/hif23018.pdf
Michigan DOT Case Study: https://www.fhwa.dot.gov/asset/pubs/hif23017.pdf
Please register in advance for this meeting to receive information on how to join.