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Pages 10-19

The Chapter Skim interface presents what we've algorithmically identified as the most significant single chunk of text within every page in the chapter.
Select key terms on the right to highlight them within pages of the chapter.


From page 10...
... Section 1.1 Background introduces the concepts and components of asset value for TAM as well as some context for the guidance. Section 1.2 Scope and Organization provides an outline for each of the eight remaining chapters in the guidebook.
From page 11...
... Determining the value of a transportation organization's physical assets is ment (TAM)
From page 12...
... Chapter 1. Introduction / Section 1.1 Background Figure 1-1 to decline.
From page 13...
... Chapter 1. Introduction / Section 1.1 Background for TAM applications by utilizing asset condition data to establish asset value for the technical asset register.
From page 14...
... Chapter 1. Introduction / Section 1.1 Background asset value to asset management, such as the distinction between value generation and value determination.
From page 15...
... This guidebook consists of nine chapters, a glossary and additional technical appendices. The first two chapters, including this one, introduce the content and key concepts.
From page 16...
... Chapter 1. Introduction / Section 1.2 Scope and Organization Chapter 9 – Case Studies presents a set of case studies undertaken to demonstrate the process outlined in this guide.
From page 17...
... This guide is intended for use by public agencies seeking to calculate asset value in support of TAM and TAM decisions. This includes, but is not limited to, applications such as: Using asset value to communicate the extent of assets an agency owns or maintains; Reporting asset value in a TAMP; Determining how value is expected to change over time given an agency's investment strategy; Calculating the cost to maintain asset value; and asset or asset class.
From page 18...
... explanation of essential concepts, step-by-step guidance, examples, and These applications are discussed below. Basic Overview of Asset Value and Related Concepts Each chapter provides an overview of key concepts that help develop an underlating asset value.
From page 19...
... Chapter 1. Introduction / Section 1.4 Ways to Use This Guide the guidance with minimal complexity, an advanced practice illustrates a "state of the art" example in which an agency has addressed some aspect of the asset value calculation in a comprehensive manner, and strengthening practice lies between these two extremes.

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