Recommended Practice
Creating a Transit Asset Management Program
Abstract
This Recommended Practice introduces asset management in the context of the U.S. transit industry and provides basic steps and resources for an agency to begin an asset management program.
Document History
| Document Number | Version | Publication Date | Publication | Related Information |
|---|---|---|---|---|
| APTA SGR-TAM-RP-001-13 | Original | 08/28/2013 | Published | Current |
Keywords
performance management, transit asset management, MAP-21
Summary
New Federal Transit Administration (FTA) requirements, increased stakeholder roles/responsibilities and funding uncertainties are just a few of the drivers for improving asset management within transit agencies. Improving an agency’s processes and decision-making tools will facilitate better management of assets throughout their lifecycles. Transit agencies may realize improved customer service, communications, and productivity; optimized resource allocation; and reduced costs.
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