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Performance Measures and Targets for Transportation Asset Management
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Asset management and performance measurement are topics of strong interest in the transporta- tion community today. NCHRP Project 20-60 looks to the strengths of both of these concepts in con- sidering what performance measures are best to apply within an asset management context. In doing this the study considers implications of several relevant trends now influencing U.S. trans- portation industry practice:
• Increased use of performance measurement in transportation policy making, planning, pro- gramming, and system monitoring;
• Formal development of asset management principles through a collaborative effort among TRB, AASHTO, and the FHWA, culminating in the production of AASHTO’s Transportation Asset Management Guide through NCHRP Project 20-24(11);
• Development and application of maintenance quality assurance programs, which base mainte- nance management on explicit levels of service that, like performance measures, can serve as indicators of both current condition/performance as well as target values for improvement; and
• A renewed focus on analytic tools and other information technology resources that are needed for performance-based management and, more generally, good asset management.
Transportation Research Board - Personal Name
978-0-309-27079-3
NONE
Management
English
2006
1-182
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