asset_managment_primer

Jul 8th, 2015
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asset_managment_primer-The idea for the Primer arose during the 1998 FHWA reorganization effort, when the Office of Asset Management was created. Upon establishment of the Office, one of the most frequently asked questions both from individuals within FHWA and from people outside the agency was, “What is Asset Management?”

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AssetManagementPrimerAsset Management PrimerDecember 1999U.S. Department of TransportationFederal Highway AdministrationOffice of Asset ManagementASSET MANAGEMENT PRIMER12ASSET MANAGEMENT PRIMERTABLE OF CONTENTSNote from the Director, Office of Asset Management5What Is Asset Management?7Why Asset Management?10System Demands10Personnel Constraints10Increased Budget Demands11Accountability to the Public11Current Paradigm for Decision-Making (What do we have?)13Current Practice (How is it working?)16Technical Considerations16Practical Realities17Integration17Improving the Process (What do we need?)18Organization Goals, Policies, and Budgets20Integration22Technical Information23Strategies for Implementation (How do we get there?)26American Association of State Highway and TransportationOfficials Initiatives27Federal Highway Administration Initiatives27ConclusionASSET MANAGEMENT PRIMER303NOTE FROM THE DIRECTOROffice of Asset Management, Infrastructure Core Business Unit,Federal Highway AdministrationThe Federal Highway Administrations Office of Asset Management is pleased topresent this Asset Management Primer. The idea for the Primer arose during the1998 FHWA reorganization effort, when the Office of Asset Management wascreated. Upon establishment of the Office, one of the most frequently asked questionsboth from individuals within FHWA and from people outside

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