Driving Towards Better Decision Making in the Roadways Industry
State Departments of Transportation (DOT) often have independent asset management and investment decision processes that are segmented by asset classes, such as pavement, bridges, signals, etc. or by the DOT’s regions or districts. It is common for a DOT to have separate asset repositories, tools and planning processes; such siloed environments can lead to inefficiencies within the DOT. When the time comes to make investment decisions and develop asset management plans, significant cost and closure reduction efficiencies can be gained by breaking down these siloes.
An integrated planning system across the entire organization can produce fiscally responsible investment plans that support policy objectives, achieve performance targets, reduce closures, and manage risk.
Transportation asset management practices are evolving. Integrated planning and value-based decision making equip DOTs with the agility required to keep up with ever changing stakeholder demands and allow them to make the best use of every dollar. Once laser-focused on asset condition, leading DOTs are recognizing that they must broaden the performance measures and targets they use to drive strategic decisions in order to achieve their policy goals and objectives. The future of transportation asset management is quickly approaching; DOTs that want to be prepared need to start laying the groundwork.
Download this white paper to learn how an integrated planning system can help DOTs:
- Develop optimized investment plans across all regions or districts
- Align investment plans with strategic and policy objectives
- Drive cost savings and fewer closures by bundling work
- Better communicate and defend Transportation Asset Management Plans (TAMP)
We believe that NOW is the time to act with pragmatism, ensure a just transition, and embrace innovation.
Find out how to maximize the value of your road and highway assets.