Asset management is a “way of doing business.” It suggests principles and techniques to apply in policy-making, planning, project selection, program tradeoffs, program delivery data gathering, and management system application.
UDOT is making asset management a key component of its decision-making processes. In implementing Asset Management, UDOT is following the guidance provided by NCHRP project 20-24(11) Asset Management Guidance for Transportation Agencies.
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A Pavement Management System is defined as a set of tools or methods that assist decision makers in finding cost-effective strategies for maintaining the state roadway system in a serviceable condition. The detailed structure of a pavement management system is separated into two levels--system (network) and project.
The Bridge Management System consists of Bridge Network Level Planning done by the Asset Management Division and the Bridge Project Level Planning done by the UDOT Structures Division.
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Transportation asset management is a strategic approach to managing the existing transportation infrastructure. It promotes more effective resource allocation and utilization, based upon quality information, to address facility preservation, operation, and improvement. This concept covers a broad array of UDOT functions, activities, and decisions: e.g., transportation investment policies and priorities; relationships and partnerships between UDOT and public and private groups; long-range, multimodal transportation planning; program development for capital projects and for maintenance and operations; delivery of agency programs and services; and real-time and periodic system monitoring and data processing. All of these actions are accomplished within the limits of available funding.
