United States Department of Transportation
i
Managing Risks Associated with Major Funding Uncertainty: Michigan Department of Transportation (MDOT) Case Study
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2023-04-25
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[PDF-2.71 MB]
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Abstract:This case study focuses on MDOT’s investment strategy development process, including its asset condition forecasting methodology. It explores MDOT’s use of asset condition forecasting and its efforts to identify alternative strategies. It describes how the agency conducts strategy selection, target-setting, and the Call for Projects process. This case study also highlights MDOT’s revenue and cost monitoring and provides an overview of how the Department performs ongoing monitoring. It describes MDOT’s approach to revising the capital plan and its treatment of inflation and cost escalation. This case study examines the agency’s communication approaches, including actively using the Roads and Bridges Annual Report (TAMC 2021), the MiScorecard (MDOT 2019b), the annual 5-Year Transportation Program (5YTP) (MDOT 2022), and the TAMP (MDOT 2019a) to advance asset management. It also describes various TAMC products, including dashboards, interactive maps, and the Investment Reporting Tool.
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