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Pages 134-139

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From page 134...
... 134 The tools and techniques developed in this project build on earlier NCHRP projects such as NCHRP 08-93, "Managing Risk Across the Enterprise: A Guide for State Departments of Transportation." That research emphasized qualitative risk management, or the assessment of risks based largely on expert judgment. NCHRP 08-36/Task 126, "Development of a Risk Register Spreadsheet Tool," provided an Excel-based common risk register for state DOTs.
From page 135...
... Conclusions and Benefits 135   costs; economic conditions like recessions; prices of essential inputs like steel, cement, and fuel; and as recently evidenced, pandemics. While preparing forecasts, agencies need to account for the associated uncertainties.
From page 136...
... 136 Risk Assessment Techniques for Transportation Asset Management: Conduct of Research • Planning for Emergencies: The methodology detailed in the studies and resulting information can be used for emergency planning and response, as well as overall network mobility. For example, information concerning high-risk assets or locations can be used in determining detour routes.
From page 137...
... Conclusions and Benefits 137   When implemented, the results of these studies can be beneficial for decision making at the agency leadership level. A DOT can use the methodologies presented for building and analyzing risk indices to manage risk.
From page 138...
... 138 Risk Assessment Techniques for Transportation Asset Management: Conduct of Research 11.4 Study 9: Crosswalk Between Climate Change Vulnerability and Risk Terminologies Agencies can use the study guidance to incorporate climate risk information more seamlessly into their risk registers. The risk registers cover a broad array of assets, and DOTs could incorporate climate hazards in their next TAMPs.
From page 139...
... Conclusions and Benefits 139   • How large structures are managed with life cycle strategies could be disproportionately important to network-wide conditions. • The risk analysis could demonstrate the threats or opportunities presented by the large structures as the agency strives to meet its objectives and targets.

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