The office of Asset Management fosters the concepts of asset management consisting of a strategic and systematic process of operating, maintaining, and upgrading physical assets effectively throughout their lifecycle. It focuses on business and engineering practices for resource allocation and utilization, with the objective of better decision making based upon quality information and well defined objectives. A well developed Transportation Asset Management (TAM) program seeks to minimize life-cycle costs for managing and maintaining the Department’s assets while using performance measures to guide and inform investment decisions. The business units under the direction of the office of Asset Management include:
Transportation Asset Management is a long term process that looks to enable decision making advancing continuous improvement in infrastructure management. This process includes implementing principles and strategies set forth by the organization.