Transportation risk management : international practices for program development and project delivery.
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2012-08-01
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NTL Classification:NTL-PLANNING AND POLICY-PLANNING AND POLICY
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Abstract:Managing transportation networks, including agency
management, program development, and project
delivery, is extremely complex and fraught with
uncertainty. Administrators, planners, and engineers
coordinate a multitude of organizational and
technical resources to manage transportation
network performance. While most transportation
agency personnel would say that they inherently
identify and manage risk in their day-to-day activities,
a recent study found that only 13 departments
of transportation (DOT) have formal enterprise risk
management programs and even fewer have a
comprehensive approach to risk management
at the corporate, program, and project levels.
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