Definitions and Key Terms
It is important to establish key terms that are used throughout the Guide. While many of these terms have multiple or nuanced definitions, the definitions listed here are the assumed meanings used in the context of this Guide.
A plan that describes the sources of an organization’s funds and their planned uses of funds over time.
A plan that describes the sources of an organization’s funds and their planned uses of funds over time.
Responsible management and administration of public funds to maintain the transportation network and deliver on transporta…
Fundamental outcome the agency is trying to attain.
Broad statements articulating a desired end state that provide strategic direction for an agency. (TPM Guidebook)
Indicators that track progress toward goals and objectives. Used to establish targets and assess progress toward achieving…
Interval-Based Maintenance Management
A maintenance approach in which maintenance activities are scheduled at specific time intervals based on an analysis of as…
Methods that organizations use to gather, organize, store, manage, and disseminate information needed for conducting its w…