Subjects addressed:Resource Allocation and Program Development, Risk Management
Topics addressed:Asset Management Plans
Asset types addressed:General
DetailTitle: AASHTO Subcommittee on Asset Management
Resource type: Website
Year published: 2013
Transportation Asset Management is the standard of practice for state DOTs and others to manage the nation's physical transportation assets to optimize investment decisions. Transportation Asset Management is a strategic and systematic process of operating, maintaining, upgrading, and expanding physical assets effectively throughout their lifecycle. It focuses on business and engineering practices for resource allocation and utilization, with the objective of better decision making based upon quality information and well-defined objectives.