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DESCRIPTION:
Transportation asset management is a strategic approach to managing physical transportation infrastructure. This introductory course covers the principles of asset management and introduces the five core questions every agency should be able to answer about its assets. The course also illustrates available tools to support the use of asset management in transportation agencies and provides guidelines for the implementation of these principles. The course materials were updated in 2009 to place more of an emphasis on the use of asset management principles and the implementation of these concepts. OUTCOMES:
Upon completion of the course, participants will be able to:- Describe the basic principles of asset management.
- List the 5 core questions you should be able to answer about your
- assets.
- Identify tools and resources available to support asset management
- activities.
- Apply asset management principles to realistic situations. (This
- objective will be achieved through the workshops and activities that are incorporated into the course. For example, at the end of the day participants will work in a group to conduct a workshop in which they have to recommend an investment strategy based on available data.)
- Explain the use of the implementation guidelines to enhance their
- agency's application of asset management principles and concepts.
TARGET AUDIENCE:
Senior-level and mid-level managers from State departments of transportation and other transportation agencies, who typically have the responsibility for decision-making in one or more areas addressed by transportation asset management. Participants should represent a number of organizational units, including (but not limited to) planning, engineering (e.g., facility management, design, construction), capital programming, maintenance and operations, financial management, traffic and safety engineering, system operation and management, and information technology. The course is also intended for individuals who manage or provide critical information to senior managers, or who have direct responsibility for meeting specific transportation system performance or program delivery targets. |
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The National Highway Institute (NHI) has been approved as an Authorized Provider by the International Association for Continuing Education and Training (IACET), 1760 Old Meadow Road, Suite 500, McLean, VA 22102. In obtaining this approval, NHI has demonstrated that it complies with the ANSI/IACET Standards which are widely recognized as standards of good practice internationally. As a result of their Authorized Provider membership status, NHI is authorized to offer IACET CEUs for its programs that qualify under the ANSI/IACET Standards.
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