Apr 23 2024
TRB Webinar: Incorporating Maintenance Costs into a Transportation Asset Management Plan
Virtual
Need to understand and demonstrate risk-tolerance associated with decision-making within agencies. This relates to both potential threats and opportunities.Â
This proposal builds on the draft problem statement outlined in the NCHRP 20-123(04). The background has been acceptably defined. The objectives should be modified to further emphasize risk perception and development of ways to assess and communicate risk tolerance.
Emphasis on developing tools and methodologies to document risk tolerance and acceptance parameters associated with taking risks.Â