Data Collection & Management Systems

Asset management in the transportation industry means many things to many organizations, but its practices provide a solid foundation for programs that optimize the performance and cost-effectiveness of transportation facilities using data driven decision making.

Asset Management is a strategic and systematic process of operating, maintaining, upgrading and expanding physical assets effectively throughout their lifecycle. Asset Management links user expectations for system condition, performance and availability with system management and investment strategies.

At its core, asset management is a business process. The application of asset management principles often means a change in thinking at every level in an organization: mainly by creating a culture of decision making utilizing available asset data elements thereby getting optimized results in the most cost effective manner.

The Data Collection & Management Systems section is the backbone of obtaining many of these data element inputs, creating products for viewing and/or analysis purposes and reporting out this asset level information that ultimately allows decision makers across the state to make better informed decisions and policy.

Data Collection & Management Systems is broken up into six groups all of which are used in conjunction with one another other to help create the asset management decision making framework.