Development of strategic and/or tactical plans by Federal funding recipients to identify strategies and investments that address performance needs.

• Review related statutes
• Review related regulations

Activities performed to achieve or extend the service lives of existing infrastructure assets, without changing the operational nature of the asset. Preservation may include both maintenance and capital investment activities.

From a TAM perspective, fundamental ideas that serve as a foundation for making decisions to better address infrastructure needs.

The use of strategies and priorities to guide the allocation of resources to projects that are selected to achieve goals, objectives, and targets.(TPM Guidebook)

An acronym for a type of responsibility matrix that clarifies who is responsible for a task, who is accountable for the task, who needs to be consulted, and who needs to be informed. This approach is described in Section 6.5.

An approach in which maintenance activities are performed in response to reported asset failures or events, such as a vehicle collision or storm damage.

It is recommended that a Life Cycle Planning Analysis be seamlessly integrated into the Transportation Asset Management Framework through a structured approach involving the following four high-level steps, each of which encompasses multiple detailed work steps.

Note: These Key Concepts were derived from NCHRP Web-Only Document 365: Implementation of Life-Cycle Planning Analysis in a Transportation Asset Management Framework. Further information is available in the full report.

A system that generates a qualified pool of applicants.

Reliability centered maintenance (RCM) is a systematic approach used to select the most suitable maintenance strategies for complex assets based on safety, operational efficiency, and economic considerations. By analyzing assets from an RCM perspective, agencies can enhance cost-effectiveness, reliability, asset longevity, and risk understanding. Using RCM the asset owner determines the overall approach for establishing the appropriate timing of maintenance treatments, e.g., condition-based, cyclical, or reactive. RCM defines a comprehensive maintenance regimen by preserving critical functions through cost-effective tasks while addressing dominant failure causes.