Transit agencies manage major assets, particularly in the case of fixed guideways, This webinar series introduces a strategic approach to managing transit assets. It focuses on an agency's business processes for resource allocation and utilization with the objective of better decision-making based upon quality information and well-defined objectives. Policy-driven objectives are used to establish an agreed quality and level of service. Performance data is systematically applied to minimize the life cycle cost of assets required for the quality and level of service.
This webinar focused on the application of the asset management principles to transit.
- Scott Baker, Senior Consulting Manager, AECOM
- Robert Brownstein, Vice President, AECOM
- Len Simich, Chief Executive Officer, and staff, SouthWest Transit
This webinar is directed towards managers in the operations, maintenance, facilities and financial areas of small systems, up to 100 or 200 vehicles, including rural, paratransit, and bus/paratransit systems.
By the end of this series, participants will be able to:
- Define and understand transit asset management
- Recognize the benefits of transit asset management and how it can help their transit system.
- Reference FTA policies relative to protecting assets
- Determine how to establish key performance indicators applicable to their needs
- Describe basic asset management principles
- Provide strategies to develop and implement an asset management program through proactive measures
The goal of this course is to improve asset management in transit agencies through information dissemination.