When

July 08, 2019  —  August 04, 2019

Location

Online - Course

Contact Hours

0

Description

At a fundamental level, asset management involves understanding an agency’s assets, the level of performance expected of those assets, and the relationship between performance and the funding needed to operate and maintain the assets. A solid understanding of these relationships helps agencies determine the best strategy for investing in their asset network. The training starts with a discussion on the benefits of an asset management plan and wraps up identifying performance measures of an asset management plan.  This 4-week on-line class introduces asset and data management guiding principles and key components of a transportation asset management plan.

 

Join instructor, Walt Catlett for this lively online class and discussion forum that will change the way you think about transportation asset management plan development.  Over a 4-week period, you will have the chance to create a transportation asset management plan, leaning on existing data and documents.  You will learn organizational tips for putting together a team of key personnel to lead, craft and produced a TAMP.  By the end of the 4 weeks, you will have created an effective TAMP that will allow you to take the step towards implementation.

Each week, a new module will be released, including a recorded lecture, quiz, discussion forum and homework assignment. You will have 7 days to review the lecture and complete the weekly assignments. The instructor will be available by email and phone for questions and comments during the class and will be interacting with students through the weekly discussion forum. The 4-week class will take approximately 6-8 hours to complete over the 4-week period.

Agenda

Module 1: Asset Management Plan Applications in Transportation Agencies

  1. Asset Management
  2. Why Asset Management
    1. Decision Making
    2. Tell the Story
    3. Valuable Assets Lacking
  3. Public Agency Challenges
    1. Inadequate Budgets
    2. Limited Resources
    3. Mature Networks
    4. Increased Accountability
    5. Increased Public Expectations
  4. Benefits of a TAMP
    1. Alignment with Agency plans
    2. Tactical level Document
    3. Secure Organization Agreement
    4. Empowers Transportation Agencies
    5. Documenting Knowledge of Assets
    6. Coordination
    7. Better Decision Making
    8. Communication
    9. Accountability
    10. Objectives
    11. Credibility

Module 2: Creating a Transportation Asset Management Plan (TAMP)

  1. Development Process
    1. Core Team
    2. Self-Assessment
    3. Identify Objectives
    4. Draft TAMP
    5. Review Process
    6. Final TAMP
  2. Core Team
    1. TAMP Project Manager
    2. Asset Technical Leads
    3. Planning Lead
    4. Programming Lead
    5. Finance Lead
    6. Data Lead
    7. Communication Lead
  3. Internal Stakeholders
    1. Senior Management
    2. Asset Managers
    3. Facility Managers
    4. Economists
    5. Technical Specialists
  4. External Stakeholders
    1. Customers
    2. Taxpayers
    3. Elected Officials
    4. Oversight Bodies
    5. Federal Agencies
    6. Auditors

Module 3: Transportation Asset Management Plan Components/Performance Measures

  1. TAMP Components (1)
    1. Purpose of TAMP
    2. Who Should be involved
    3. What should the TAMP Look Like
    4. What Information is needed
    5. From Concept to Final Plan
  2. Collecting and Identifying Assets
    1. Collect What is Needed
    2. Keep Information Updated
    3. Quality of Process
  3. Define Assets
    1. Assets Owned
    2. Condition of Assets
    3. Remaining Useful Life
    4. Replacement Value
  4. Objectives
    1. Reconfirm Existing Asset Management Strategies
    2. Define New Performance Based Approach
    3. Incorporate AM in Long Range Planning
    4. Monitor Long Term Financial Stability
    5. Coordinate between Maintenance and Capital Program
    6. Enhance Resource Allocation Decisions
  5. Life-Cycle Cost
    1. Establish Alternative Design Strategies
    2. Determine Activity Timing
    3. Estimate Agency Costs
    4. Estimate User Costs
    5. Determine Life Cycle Cost
  1. Risk
    1. Gather Information about Future Events
    2. Identify what/How future events trigger threats and opportunities
    3. Assess likelihood and impact of risks
    4. Prioritize Risks
    5. Determine appropriate Response strategies to risks
    6. Carry out Response Strategies
  2. Risk Management
    1. Establish Context
    2. Identify Risks
    3. Analyze Risks
    4. Evaluate Risks
    5. Treat Risks
  3. Financial Plan
    1. Summary of Historic Funding for Asset Management
    2. Define funding level available for Asset Management
    3. Define how funds will be allocated in the short and long term
    4. Define current value of assets
    5. Describe the Implications of various funding levels
  4. Manage the Effort
    1. Champion
    2. Project Manager
  5. Performance Measures
    1. Decision Making
    2. Making Progress on Goals
    3. Resource Allocation
    4. Output versus Outcome

Module 4: Transportation Asset Management Plan Components/Implementation

  1. TAMP Components
    1. Executive Summary
    2. Introduction
    3. Assets
    4. Levels of Service
    5. Life-Cycle Management
    6. Growth and Demand
    7. Financial Summary
    8. Asset Management Practices
    9. Improvement Plan
  2. Implementation
    1. Common Challenges
    2. Strategies to Implementation
    3. Approaches to Implementation
    4. Steps to Implementation

Instructor

Walter C. Catlett

Mr. Catlett is a registered engineer responsible for technical training of precast concrete products across the United States. He has a B.S. in Civil Engineering from Texas A&M University and a Masters in Strategic Studies from the U.S. Army War College in Carlisle, PA.  His training focus remains on educating engineers, contractors/installers and inspectors on proper installation practices that provide strategic opportunities for public agencies. He remains an active member of the Arkansas Transportation Research Advisory Council, Virginia LTAP Advisory Board and a facilitator for several Local Technical Assistance Programs.  Mr. Catlett retired from the military in January of 2018 after completing 30 years of combined service in the United States Marine Corps and U.S. Army Reserve.

Who Should Attend

This class was developed for managers and workers alike. Previous experience with asset and data management is not required. Engineers, managers, planners, equipment operators, and laborers will learn techniques critical to the success of an agency’s transportation asset and management program.

Registration and Payment

The following registration fees cover the session, all course materials and meals:

Local Government: $75.00
State/Federal: $125.00
Private Industry: $300.00

Click here for UVA TTA's general registration information, cancellation policy, and refund policy. UVA TTA accepts the following credit cards: American Express, VISA, MasterCard, and Discover. Credit card information cannot be taken over the phone. Alternatively, after registering you can print out a voucher to send in with your payment. After you have completed the transaction you will receive an automatically generated email confirming registration and payment if applicable. Final confirmation and instructions will be sent out during the week prior to the class date.

Don't have access to a computer?
to get a paper registration form (PDF). Print it out, complete it, and email, mail or FAX it to our office following the instructions on the form. Include your check or government purchase order with your registration form. Please note that emailed or faxed-in registration forms will be considered as a "provisional booking" until payment is received. For more information, call our office at (434) 982-2897, fax at (434) 982-2856 or email uva-tta@virginia.edu