[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"doc-detail-164991-en":3,"doc-seo-164991-105":30,"detail-sidebar-cat-1-en-105":92},{"code":4,"msg":5,"data":6},0,"success",{"doc_id":7,"user_id":8,"nickname":9,"user_avatar":10,"doc_module":11,"category_id":12,"category_name":13,"doc_title":14,"doc_description":15,"doc_content":16,"file_id":17,"file_url":18,"file_type":19,"file_size":20,"view_count":4,"is_deleted":4,"is_public":11,"is_downloadable":11,"audit_status":11,"page_count":21,"language":22,"language_code":23,"site_id":24,"html_lang":23,"table_of_contents":25,"faqs":26,"seo_title":27,"seo_description":15,"update_tm":28,"read_time":29},164991,962085564549,"Aditya","https://ap-avatar.wpscdn.com/davatar_085a072bc5b1113ac321206ff7593b45",1,11,"Presentations","MnDOT 2017 Asset Management Gap Assessment - Introduction","MnDOT 2017 Asset Management Gap Assessment summarizes the Minnesota Department of Transportation asset management practices and provides next-step recommendations to strengthen them. Asset management is defined as a strategic, systematic lifecycle process using quality engineering and economic analysis to sustain a desired state of good repair at minimum practicable cost. The report frames gaps in the context of MnDOT’s advanced, mature program, including forecasting, risk-based financial updates, and established performance monitoring, where recommendations aim to narrow the difference toward state-of-the-art practices.","MnDOT 2017 Asset Management Gap Assessment\nFinal\nSept. 13, 2017\nPage intentionally blank\n\u0003Contents\n\u0013 TOC \\o \"1-3\" \\h \\z \\u \u0014\u0013 HYPERLINK \\l \"_Toc493079773\" \u0014Introduction\t\u0013 PAGEREF _Toc493079773 \\h \u00141\u0015\u0015\n\u0013 HYPERLINK \\l \"_Toc493079774\" \u0014Summary of Recommendations\t\u0013 PAGEREF _Toc493079774 \\h \u00142\u0015\u0015\n\u0013 HYPERLINK \\l \"_Toc493079775\" \u0014Description of this Project\t\u0013 PAGEREF _Toc493079775 \\h \u00143\u0015\u0015\n\u0013 HYPERLINK \\l \"_Toc493079776\" \u0014Background of Transportation Asset Management\t\u0013 PAGEREF _Toc493079776 \\h \u00143\u0015\u0015\n\u0013 HYPERLINK \\l \"_Toc493079777\" \u0014The MnDOT Highway Network\t\u0013 PAGEREF _Toc493079777 \\h \u00145\u0015\u0015\n\u0013 HYPERLINK \\l \"_Toc493079778\" \u0014Pavement Conditions and Trends\t\u0013 PAGEREF _Toc493079778 \\h \u00146\u0015\u0015\n\u0013 HYPERLINK \\l \"_Toc493079779\" \u0014Bridge Conditions and Trends\t\u0013 PAGEREF _Toc493079779 \\h \u00149\u0015\u0015\n\u0013 HYPERLINK \\l \"_Toc493079780\" \u0014Drainage, Signs, and Other Assets\t\u0013 PAGEREF _Toc493079780 \\h \u001413\u0015\u0015\n\u0013 HYPERLINK \\l \"_Toc493079781\" \u0014Tradeoffs Among the ‘Other’ Assets\t\u0013 PAGEREF _Toc493079781 \\h \u001415\u0015\u0015\n\u0013 HYPERLINK \\l \"_Toc493079782\" \u0014Asset Management Reporting\t\u0013 PAGEREF _Toc493079782 \\h \u001416\u0015\u0015\n\u0013 HYPERLINK \\l \"_Toc493079783\" \u0014Recommendations\t\u0013 PAGEREF _Toc493079783 \\h \u001416\u0015\u0015\n\u0013 HYPERLINK \\l \"_Toc493079784\" \u00141. Adopt formal asset management polices\t\u0013 PAGEREF _Toc493079784 \\h \u001417\u0015\u0015\n\u0013 HYPERLINK \\l \"_Toc493079785\" \u00142. Evaluate if additional performance measures may encourage a life-cycle approach for flexible pavements\t\u0013 PAGEREF _Toc493079785 \\h \u001417\u0015\u0015\n\u0013 HYPERLINK \\l \"_Toc493079786\" \u00143 Agree upon statewide maintenance priorities and targets\t\u0013 PAGEREF _Toc493079786 \\h \u001420\u0015\u0015\n\u0013 HYPERLINK \\l \"_Toc493079787\" \u00144. Document maintenance processes needed to achieve the priorities and targets\t\u0013 PAGEREF _Toc493079787 \\h \u001421\u0015\u0015\n\u0013 HYPERLINK \\l \"_Toc493079788\" \u00145. Identify core TAMS data that supports decision making and treat them as valuable assets\t\u0013 PAGEREF _Toc493079788 \\h \u001422\u0015\u0015\n\u0013 HYPERLINK \\l \"_Toc493079789\" \u00146. Consider asset valuation as another decision-making tool\t\u0013 PAGEREF _Toc493079789 \\h \u001423\u0015\u0015\n\u0015\u0004\nIntroduction\nThis document summarizes the asset management practices of the Minnesota Department of Transportation (MnDOT) and recommends next steps to further strengthen those practices.\nFederal statute defines asset management as:\n“The term ‘asset management’ means a strategic and systematic process of operating, maintaining, and improving physical assets, with a focus on both engineering and economic analysis based upon quality information, to identify a structured sequence of maintenance, repair, rehabilitation, and replacement actions that will achieve and sustain a desired state of good repair over the lifecycle of the assets at minimum practicable cost.”\nMnDOT began this analysis with one of the nation’s most advanced asset management programs already in place. It has produced a transportation asset management plan (TAMP), regularly updates a 20-year State Highway Investment Plan (MnSHIP), and is an early leader in risk management.\nThe identification of gaps and the recommendations on how to fill them must be viewed in the context of the already mature MnDOT asset management practices. Its practices include the usual asset management elements such as relying on a pavement management system, reporting on asset conditions, and using performance measures to re-allocate resources among assets and districts as conditions change over time. In addition, its asset conditions are generally good and the department has clearly articulated the needed investment to keep them in good condition for 20 years.\nIn addition, it has several advances not common in most states.  These include:\nA management system for forecasting bridge conditions, not merely inventorying them;\nA drainage asset inventory;\nA pavement marking inventory;\nA sign inventory;\nAnnual financial forecast updates based upon risk-based assessments of inflation, revenue trends, and other uncertainties;\nLong-standing performance measures with asset-condition targets, and processes for continual monitoring and reporting.\nThe lack of these p","cbCaim3BWLhFhwWS","https://ap.wps.com/l/cbCaim3BWLhFhwWS","docx",1821016,29,"English","en",105,"# Introduction\n## Asset management definition and purpose\n## MnDOT’s current maturity and advanced practices\n## How gaps are framed versus recommendations","[{\"question\":\"How does the report define asset management?\",\"answer\":\"It defines asset management as a strategic, systematic process of operating, maintaining, and improving physical assets using both engineering and economic analysis to plan lifecycle actions that sustain a desired state of good repair at minimum practicable cost.\"},{\"question\":\"What context does the report use when discussing gaps?\",\"answer\":\"Gaps and recommendations are viewed against MnDOT’s already mature asset management practices, so recommendations target narrowing differences rather than filling total absences.\"},{\"question\":\"Which MnDOT advances are highlighted in the introduction?\",\"answer\":\"The introduction highlights forecasting systems for bridge conditions, drainage asset inventory, pavement marking inventory, sign inventory, annual risk-based financial forecast updates, and long-standing performance measures with monitoring and reporting.\"}]","MnDOT 2017 Asset Management Gap Assessment - 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