Title: Transit Asset Management Guide: Focusing on the Management of Our Transit Investments
Abstract: To advance transit asset management, this guide provides a transit-specific asset management framework for managing assets individually and as a portfolio of assets that comprise an integrated system. The guide provides flexible, yet targeted guidance to advance the practice and implementation of transit asset management. Objectives include: (1) Explain what transit asset management is and what the business benefits to an agency are; (2) provide an enterprise asset management framework and business model that agencies can refer to as“best practice; (3) describe the elements of transit asset management plan; (4) detail, for each major asset class, the major enabling components of asset management: inventory, condition assessment, performance analysis and modeling, risk management, and lifecycle cost management; and (5) guide organizations through the migration from their current baseline to high-performance asset management.
Publication Year: 2012
Publication Date: 2012-10-01
Language: en
Type: article
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