1 / 12

FTA Transit Asset Management Framework Research Project Overview

This presentation provides an overview of the Transit Asset Management Framework research project in Atlanta, Georgia. The project aims to advance the state-of-the-practice, develop an asset management framework, address enterprise and asset class level activities, and guide migration to high-performance asset management.

asharon
Download Presentation

FTA Transit Asset Management Framework Research Project Overview

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. FTA Transit Asset Management Framework Research ProjectOverview Atlanta, Georgia July 21, 2011

  2. Presentation Topics Project Objectives Approach Current Drivers & Issues Framework Overview

  3. Project Objectives • Advance the state-of-the-practice • Develop an asset management framework and business model that captures “best practice” • Address enterprise and asset class level activities • For each asset class, address: inventory, condition assessment, performance analysis and modeling • Provide tool to guide migration from current baseline to high-performance asset management organization

  4. Project Approach Jun - Jul Jul- Oct Oct -Jan Nov-Mar Partner agency collaboration Obtain industry feedback

  5. Current Drivers & Issues • Expectation to be more business-like and need to balance the checkbook • Immediate financial reality driving focus to become better asset managers • Top-down leadership is imperative • Implementation requires asset management to be a corner stone for meeting agency business objectives: reliability, cost-effectiveness, customer service, safety • Implementation requires capability to manage across often siloed departments and functions • Need to be strategy driven • Asset management discussion frequently driven by tools development versus strategy/business plan

  6. Current Drivers & Issues (cont.) • Relate Asset Management and SGR to Performance • State of good performance or level of service versus SGR • Measurement Challenges for Asset Management Versus Broader Business Management • Mean time between failure • On time performance • State of good repair • Ensure Operational Continuity while Driving Change • Organizational readiness and change management are key

  7. Draft Transit Asset Management Framework

  8. Transit Asset Management Business Processes Strategic Planning Strategic Planning Policy Performance Objectives Enterprise-Level Asset Management Asset Mgt Strategy Planning & Programming Business Planning State of Good Repair Modeling Asset-Level Asset Management Asset Inventory Asset Lifecycle Management Condition Assessment & Monitoring

  9. Asset-Specific Framework

  10. Asset-Specific Guidance

  11. Our Priorities Collaborate with the industry (our customers) Produce a framework and implementation guide that advances the state-of-the-practice Develop products that are used and of value to the industry

  12. Third State of Good Repair Roundtable FTA Contact Information: David Rose, Rosed@pbworld.com, 212-613-8813 Lauren Isaac, Isaac@pbworld.com, 415-243-4659 Questions? Comments?

More Related