Linking Asset Management to Strategic Planning Processes

Abstract

The research described in this paper assembles a set of tools on the basis of experiences and best practices in a diverse set of states for linking strategic goals to resource allocation and implementation decisions using aspects of asset management. A survey of practices in each of the state DOTs explored documents and synthesized both strategic planning processes and asset management. With input from an expert advisory panel, five states were the subjects of detailed analysis: Florida, Maryland, Michigan, Montana, and Pennsylvania. Each of the states was visited by a project team that spent 2 days on-site. Information on the strategic planning and asset management process was obtained through personal interviews with DOT officials and the acquisition of materials describing these processes. Based on detailed documentation of the practices in each of these states, a synthesis of best practices of the linkage between asset management and strategic planning was developed. The resulting model process does not represent any particular state, but incorporates elements from all five states. This synthesis can provide useful guidance to states interested in augmenting their existing processes.

Conceptual Framework for Prioritizing Financial Support for Road Works and Services

“…They indicate that many State and municipal transportation agencies have been moving toward an integration of individual management systems and databases to support Asset Management. There have been efforts to integrate GIS in their information systems , to enhance data collection methods and procedures (Larson and Skrypczuk 2004a), and to develop models that link strategic goals and resource allocation to elements of an Asset Management system (Ogard et al 2004).…”