From an asset management standpoint, performance mea.
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Ment, as described in the Guide, is the use of performance measurement to inform decision makingĪbout how to invest limited resources. One of the fundamental underpinnings of transportation asset manage. (referred to hereafter as âthe Guideâ) produced in NCHRP Project 20-24(11) describes these princi. The AASHTO Transportation Asset Management Guide Ing more effective allocation and use of resources to address preservation, operation, and improve. Transportation asset management consists of a set of principles, concepts, and techniques for mak. Principles, it is also understood that agencies use performance measures for a variety of purposes,Īnd it is not necessary (or desirable) to create a separate and distinct âasset managementâ set of per. While the framework is focused on using performance measures in support of asset management Consider policy and public input implications for target setting, and
Analyze resource allocation scenarios and tradeoffs,Ħ. Consider current and future funding availability,ĥ.
Develop long-term goals based on consideration of technical and economic factors,Ĥ. Determine which measures should have targets,ģ. Define the context for target setting and establish time horizon(s),Ģ. The guidance for establishing performance targets involves the following steps:ġ.
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