This follow up session is intended to build upon the content previously covered in the Fundamentals of Asset Management Part 1 course (The TAM Journey & Fundamental Components) and is generally geared towards folks who are involved with or responsible for maintenance and operations planning and management, and or those who are involved with or responsible for the development of capital planning and programming.
The course will delve deeply into the use of current asset investment planning technologies and methods and will demonstrate how users can perform life cycle planning and trade off analysis that result in objectively derived asset and portfolio interventions that are based on quantifiable data and human applied influences.
This course and each of the subsequent courses in the academy are being offered at a rate of $250 for industry and $100 for public employees.
PART 1: Defining Asset Investment Planning
- What is Asset Investment Planning and why is it important?
- Perspectives from asset management practitioners in the Transportation Industry
- Asset Management leaders with a background in Transportation will discuss the role AIP plays in the Transportation industry
PART 2: Preparing for Asset Investment Planning
- AIP and FHWA TAMP requirements
- Engaging stakeholders
- The important role of Data in Asset Investment Planning
- Aligning Strategic and Financial plans
PART 3: Developing the Life Cycle Plan (aka Model)
- Components of a Life Cycle Plan
- Developing Asset Performance and Risk Models
- Tools for Life Cycle Modeling
PART 4: Developing and implementing the Capital Investment Plan
- Developing the CIP through the AIP process
- Implementing the CIP through EAM
PART 5: Communicating Results and Closing Remarks
- Sharing information with stakeholders across the organization
- Closing remarks from industry leaders
Register for FAM Part 2 on March 23rd & 24th here.