Transportation Asset Management Research Roadmap

Published in: National Cooperative Highway Research Program (NCHRP) 08-36, Task 134, December 16, 2016 [online]

Posted on RAND.org on March 31, 2017

Read More

Access further information on this document at onlinepubs.trb.org

This article was published outside of RAND. The full text of the article can be found at the link above.

Transportation asset management (TAM) is an area of great importance to state departments of transportation (DOT) and a key component of the transportation authorization legislation Moving Ahead for Progress in the 21st Century (MAP-21). In MAP-21 TAM is defined as "a strategic and systematic process of operating, maintaining, and improving physical assets" that will achieve and sustain a desired state of good repair over the lifecycle of the assets at minimum practicable cost. TAM provides DOTs with a set of process and tools for making the best decisions concerning their existing transportation assets, helping to address challenges from aging infrastructure, competing investment needs, and tightly constrained funding. This research roadmap seeks to guide future TAM research efforts in productive directions, responding to identified priorities, gaps, and overlap with other ongoing or proposed efforts. The roadmap is a product of NCHRP Project 08-36(134) Transportation Asset Management Research Roadmap.

Research conducted by

This report is part of the RAND Corporation external publication series. Many RAND studies are published in peer-reviewed scholarly journals, as chapters in commercial books, or as documents published by other organizations.

The RAND Corporation is a nonprofit institution that helps improve policy and decisionmaking through research and analysis. RAND's publications do not necessarily reflect the opinions of its research clients and sponsors.