The Transportation Association of Canada (TAC) has released Synthesis of Transportation Asset Management Best Practices for Canada (2016) in the TAC Bookstore.
This synthesis, offered at $109 for TAC members and $149 for non-members (order code PTM-STAMBP-E), is based on information obtained by:
The report is organized according to the International Standard Organization (ISO) 55000 asset management standard, with each chapter, and all sections within the chapters, following the ISO 55000 asset management system elements. Each section of the document includes the following three sub-sections:
There is a strong movement in Canada for agencies to integrate investment planning and programming and move away from traditional silo-based infrastructure management systems into one comprehensive system. Agencies are moving toward systems that track asset performance from construction to retirement and use life cycle cost to make whole life maintenance and rehabilitation investment decisions. These systems report on achievements in maintaining and improving asset condition as measured by key performance measures. This synthesis can be used to help agencies to develop an asset management plan, as well as to identify gaps and deficiencies for continued improvement.
The publication is available in both print and e-book formats.