Rapid City, SD Regional Asset Management Conference

Updated Draft Program

May 6-7, 2008

• Registration

May 5 - (OPTIONAL) HERS-ST Workshop, 8 am - 4:30 pm
(Computer with administrator's rights needed for workshop. Limited to first 30 people who register)

The HERS-ST software is an asset management decision tool used to analyze highway "needs" for programming & planning at the State and Metropolitan Planning Organization level. HERS-ST answers questions such as:

• What level of capital expenditure is justified on benefit-cost grounds?
• What user cost level will result from a given stream of investment?
• What investment level is required to achieve a certain level of performance?
• What is the cost, over 20 years, of correcting all existing and accruing highway deficiencies?

The HERS-ST workshop will provide a hands-on demonstration to the software and how to utilize the decision tool to analyze highway infrastructures.

Participants should bring their own laptops if they desire to actively participate. Please install the HERS-ST software onto your laptop prior to the workshop. You will need administrative rights to the laptop to install. The software can be downloaded from the following link: http://www.fhwa.dot.gov/infrastructure/asstmgmt/hersrprep.cfm or you can request a CD-ROM version by emailing Vicki.Miller@dot.gov.

Workshop Agenda

• Overview of HERS-ST
• Exercise 1 - Getting Started
• Exercise 2 - Adjusting Initial Settings
• Exercise 3 - Working with the Highway Data and an Overview of State Improvements feature
• Break
• Overview of Tabular Output & Section Output
• Exercise 4 - Creating and Modifying Charts and an Overview of Ad-hoc Tables and Reports
• Exercise 5 - GIS Features
• Wrap-up (final question & answer session, general discussion)

May 6 - (OPTIONAL) Asset Management Workshop, 8 am - noon

This workshop will cover the principles, concepts, components, techniques, and benefits of asset management:

Some of the topics include:

• Asset Management Framework and Principles
• AM and Policy-making
• Economics for Highway Decision Makers
• Good Practices in Planning and Programming
• Asset Management and Data Requirements
• Use of Management Systems in Asset Management
• Performance Measures in Asset Management

At the conclusion of the workshop, participants should be able to:

1. Identify the fundamentals of transportation asset management and its benefits.
2. Be able to identify how the principles of transportation asset management fit into their own agencies' business process.
3. Be able to list resources available from the FHWA Office of Asset Management