01128651

Component

There is currently a very high demand for improved and efficient management processes in the operation of civil infrastructure in North America and other parts of the world. With increasing demand for efficiency and effectiveness comes the obvious expectation of quality and consistency of asset management services and functions. The process of managing civil infrastructure assets is currently driven by skill sets from traditional civil engineering. However, agency functions such as planning, budgeting and operations require broader skill sets ranging from economics, finance, accounting, information technology, and business. The asset management business process is complex, multidisciplinary in nature and cuts across many skill sets. Yet, the civil infrastructure management industry is highly fragmented, operating at program levels mostly addressing one silo at a time. The lack of consistency is similar to the software development and supply-chain industries in the 1980s, with proliferation of non-standard processes, techniques, software tools and practices. Many agencies claim to do asset management, yet there no uniform standard exists to assess the maturity or capability of such systems. This paper presents a framework for standardization of transportation asset management. The framework, Infrastructure Management Maturity Model (IM3), provides an objective scale to assess the level of maturity of infrastructure asset management of public agencies and service providers. The context for the standard is outlined, as well as detailed discussion of the proposed maturity levels. The standard addresses how an agency can bench-mark its progress in asset management and presents step-wise guidelines to the implementation process. The paper concludes by outlining consideration that may impact agency success in evolving its asset management to higher maturity levels.

01120148

09-1930

English

15p

2009

Transportation Research Board 88th Annual Meeting

DVD

Figures (3) ; References (22)

Asset management; Budgeting; Civil engineering; Information technology; Infrastructure; Planning; Standardization; Transportation operations

Maturity model

Administration and Management; Highways; I10: Economics and Administration

Transportation Research Board Annual Meeting 2009 Paper #09-1930

TRIS, TRB

Jan 30 2009 6:12PM