21st Century Asset Management: Executive Summary
An AASHTO publication prepared by the Rensselaer Polytechnic Institute. The document provides an analysis of the metrics needed to support performance based asset management and strategic decision making.
Elevating TAMS: Beyond the Short Term
A FHWA publication that discusses managing infrastructure assets for long-term sustainability, accountability, and performance. The Federal Highway Administration supports a performance management approach to asset management for two reasons: First, as a means to measure results and document accomplishments, and second, as a basis to demonstrate accountability and produce results. Measuring results against agreed upon targets is essential for long-term sustainability. By adopting TAMS, an agency will be using strategies to manage the long-term performance of its infrastructure assets in a systematic and documented fashion similar to the management strategies used by many of the corporate world’s leading performers. Access the document here: