A role in guiding an organization that emphasizes empowerment and communicates the potential benefits that motivate change.

Indicators that track progress toward goals and objectives. Used to establish targets and assess progress toward achieving established targets. (TPM Guidebook).

Life cycle management is a strategic investment approach that carefully considers options such as maintenance, renewal, repair, or replacement throughout an asset's operational lifespan, with the primary goals of optimizing the asset's service life while minimizing risks and costs. This approach relies on data related to asset condition, available treatment alternatives, cost analyses, deterioration patterns, replacement schedules, and other pertinent factors to assess the trade-offs among various investment strategies to optimize the type and timing of treatments.

Life cycle management encompasses various approaches tailored to different types of assets. Each approach caters to specific asset types and their unique maintenance needs.

• Condition-based management revolves around assessing an asset's condition to predict and preempt failures.
• Interval-based (i.e., cyclical) management is typically applied to operational assets like striping, signs, and guardrails, where condition assessments may be impractical. It relies on time intervals or manufacturer-recommended lifespans to determine when to perform interventions.
• Reactive management defers actions until an asset reaches an unacceptable condition, often reserved for low-value or redundant assets. Defining minimum condition thresholds and ensuring timely response mechanisms are essential for this approach, which is used for assets like fences, lighting, and impact attenuators.
• Lastly, some strategies use risk assessments as direct measures to set objectives, make decisions, or gauge progress, particularly when an asset's condition doesn't directly reflect its performance level, and the broader impact on system performance needs consideration. This approach is prevalent in managing geotechnical assets like slopes.

A process to estimate the cost of managing an asset class, or asset sub-group over its life with consideration for minimizing cost, while preserving or improving the condition (23 CFR 515.5).

A process to estimate the cost of managing an asset class, or asset sub-group over its life with consideration for minimizing cost, while preserving or improving the condition (23 CFR 515.5).

A standard, documented approach, resulting from LCP, that applies maintenance, preservation, and capital investment actions at each appropriate stage of the asset life cycle to maximize asset performance with available funding.

A standard, documented approach, resulting from LCP, that applies maintenance, preservation, and capital investment actions at each appropriate stage of the asset life cycle to maximize asset performance with available funding.

Linear referencing is a method for storing and managing geospatial information along a linear feature, with positional location defined by a distance measure along that linear feature. A Linear Referencing System aligns the linear reference points across multiple databases so information from different sources can be mapped and analyzed.