Transportation asset management : organizational performance and risk review : final report.
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2012-11-15
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Abstract:The 2012 Federal reauthorization of surface transportation programs, Moving Ahead for Progress in the 21st
Century (MAP-21) formally introduced performance-based decision making for investments in surface
transportation programs. This report reviews best practices in organizational performance management in state
Departments of Transportation, with a focus on how performance management can used to achieve agency
strategic goals and address agency risks. The study develops a maturity model of performance management,
and diagnostic tools for evaluating the status of a performance management program within an agency, and
making recommendations to address gaps for program advancement. In addition, the study reviews tradeoff
analysis applications in the literature, surveys state DOTs to determine their applications of tradeoff analysis
approaches at the program level, and recommends a methodology for harnessing existing asset management
tools to conduct program-level tradeoff analysis.
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