National Academies Press: OpenBook

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

Chapter: Section 12 - Suggestions from This Research

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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

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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

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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.


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