Asset Management Methodology / Condition

The project objective is to explore development of asset inventories for asset management at a transit urban rail system. The product will specifically consider how urban rail transit agencies can leverage data in their maintenance management systems to build asset inventories for higher-level analysis to optimize investments in urban rail capital assets. Researchers will consider how hierarchical structures can be designed to aggregate detailed urban rail asset lists into whole-vehicle and system-level information and how maintenance data and life-cycle information can be used to infer the condition of these aggregated entities for purposes of informing reinvestment strategies. Recommended using SmartDraw to conduct a comprehensive inventory/photographs of transit assets as well as developing hierarchical relationships. SmartDraw lays out information in a diagram type easily understood by any level of employee. Customizing SmartDraw per the request of a department would be a simple task to initiate after receiving an outline list of requirements. Many transit agencies have their own set of procedures/processes for utilizing their data that may not involve entry into a software tool

• Supplemental Notes:
  • Program Information: National Research Program, National Research

Language

• English

Project

• Status: Completed
• Funding: $695236.00
• Sponsor Organizations:

  Federal Transit Administration

  1200 New Jersey Avenue, SE
  Washington, DC  United States  20590
• Project Managers:

  Williams, Terrell

• Performing Organizations:

  CodeRed Business Solutions

  Atlanta, GA  United States 
• Start Date: 20110629
• Expected Completion Date: 0
• Actual Completion Date: 20121030
• Source Data: RiP Project 34869

Subject/Index Terms

• TRT Terms: Asset management; Condition surveys; Methodology; Public transit; Transit operating agencies
• Subject Areas: Planning and Forecasting; Public Transportation;

Filing Info

• Accession Number: 01489228
• Record Type: Research project
• Source Agency: Department of Transportation
• Files: RiP
• Created Date: Aug 5 2013 12:56AM