Proceedings of the 12th National Conference on Transportation Asset Management (2019) / Chapter Skim
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Pages 63-69
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From page 63... ...
63 Closing Session Laura Mester, Michigan Department of Transportation, Chair Panelists Scott Richrath, Atkins Andrew Williams, Ohio Department of Transportation Michael Johnson, California Department of Transportation Anita Bush, Nevada Department of Transportation Matthew Haubrich, Iowa Department of Transportation Laura Zale, Southeastern Pennsylvania Transportation Authority Niles Annelin, Michigan Department of Transportation The closing session followed a format established at an earlier TAM conference, with the conference chair presiding over a panel made up of track leads from the conference planning committee. The track leads shared highlights from their sessions related to ways in which • The practice of asset management is evolving, • Agencies are creating sustainable asset management programs that are embedded in their organization's culture, • Technology is influencing the way decisions are made, and • Data are being used to speak to multiple audiences.
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From page 64... ...
64 KEY TAKEAWAYS Track 1: Analyzing and Optimizing Investment Options • There was no way to avoid the word "risk" in finance presentations; the concept was much more present than in past conferences. Risk and finance are intertwined, as are TAM planning and long-range planning.
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From page 65... ...
65 Track 5: TAMPs • Just 6 years prior to the conference, the Moving Ahead for Progress in the 21st Century Act (MAP-21) had not been passed and the TAMP requirements were unknown.
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66 • Many agencies talked about adding asset classes to their program, and one presentation introduced guidance to help prioritize the assets to include. • Data are being collected in new ways.
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67 Cross-Cutting Track: Transit • The first transit track at a TAM conference was just 6 years ago. The people who attended the conference at that point in time were assigned TAM as an extra duty.
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68 EXAMPLES SHOWING HOW DATA ARE BEING USED TO COMMUNICATE WITH MULTIPLE AUDIENCES Track 1: Analyzing and Optimizing Investment Options • It is important to know the audience. One presentation focused on business intelligence and business analytics to enable agencies to tell their stories.
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From page 69... ...
69 • Data mining is becoming a critical piece of TAM, so additional guidance on how to do data mining would be beneficial. • Data governance is also becoming a more important issue.
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