National Academies Press: OpenBook

Risk Assessment Techniques for Transportation Asset Management: Conduct of Research (2023)

Chapter: Section 12 - Suggestions from This Research

« Previous: Section 11 - Conclusions and Benefits
Page 140
Suggested Citation:"Section 12 - Suggestions from This Research." National Academies of Sciences, Engineering, and Medicine. 2023. Risk Assessment Techniques for Transportation Asset Management: Conduct of Research. Washington, DC: The National Academies Press. doi: 10.17226/27130.
×
Page 140

Below is the uncorrected machine-read text of this chapter, intended to provide our own search engines and external engines with highly rich, chapter-representative searchable text of each book. Because it is UNCORRECTED material, please consider the following text as a useful but insufficient proxy for the authoritative book pages.

140 State DOTs can advance the practice of risk-based asset management by applying the research findings and products from this report. Three suggestions for advancing the state of the practice result from this effort. First, practitioners with statistical training and experience using the off-the-shelf tools could greatly assist state DOTs in using the tools and analytical techniques detailed in this report. Although access to these tools is available to most groups that have a Microsoft Office suite license for Excel, and Studies 1 and 2, in particular, provide detailed steps, how to use the tools is not always intuitive. Also, the values and statistical metrics that the analyses provide are not always easily understood. Hands-on training could be provided. The training could come from FHWA or other implementation programs. Second, training is needed on how to configure risk analyses in BMSs and PMSs. Interviews with management providers and survey results from state DOTs indicate that the state DOT staff are focusing on mastering the bridge and pavement forecasting capabilities of their management systems. Because those capabilities are still being developed, state DOTs have not turned their attention to capitalizing on the risk management capabilities of the systems. Additional support to state DOTs on how to configure these management systems to assess risks, as described in Studies 3 through 8, could significantly advance the state of the practice. Third, state DOTs could review this research and start to develop the in-house skills to capital- ize on these findings. These tools and techniques can substantially advance the state of the prac- tice in managing risks to assets. State DOTs can do more than identify risks. They can quantify the probabilities that some risks will occur. The quantification can better inform agency execu- tives, legislators, and the public about the uncertainties confronting state DOTs as they aim to improve the condition and performance of the transportation system. S E C T I O N 1 2 Suggestions from This Research

Next: Section 13 - Implementation Plan »
Risk Assessment Techniques for Transportation Asset Management: Conduct of Research Get This Book
×
 Risk Assessment Techniques for Transportation Asset Management: Conduct of Research
MyNAP members save 10% online.
Login or Register to save!
Download Free PDF

The assessment of climatic and extreme weather risks is increasingly becoming important to the operation of transportation agencies. There are easy-to-use tools and techniques that can be implemented by agencies.

NCHRP Research Report 1066: Risk Assessment Techniques for Transportation Asset Management: Conduct of Research, from TRB's National Cooperative Highway Research Program, discusses how to assess risks and summarizes 12 studies that demonstrate how to enhance the measurement of risks, quantify risks, and better link risk management processes with the appropriate tools.

Supplemental to the report are a presentation and NCHRP Web-Only Document 366: Risk Assessment Techniques for Transportation Asset Management: Appendices.

READ FREE ONLINE

  1. ×

    Welcome to OpenBook!

    You're looking at OpenBook, NAP.edu's online reading room since 1999. Based on feedback from you, our users, we've made some improvements that make it easier than ever to read thousands of publications on our website.

    Do you want to take a quick tour of the OpenBook's features?

    No Thanks Take a Tour »
  2. ×

    Show this book's table of contents, where you can jump to any chapter by name.

    « Back Next »
  3. ×

    ...or use these buttons to go back to the previous chapter or skip to the next one.

    « Back Next »
  4. ×

    Jump up to the previous page or down to the next one. Also, you can type in a page number and press Enter to go directly to that page in the book.

    « Back Next »
  5. ×

    To search the entire text of this book, type in your search term here and press Enter.

    « Back Next »
  6. ×

    Share a link to this book page on your preferred social network or via email.

    « Back Next »
  7. ×

    View our suggested citation for this chapter.

    « Back Next »
  8. ×

    Ready to take your reading offline? Click here to buy this book in print or download it as a free PDF, if available.

    « Back Next »
Stay Connected!