About this Video

• Video Title: Performance Measures and Health Index of ITS Assets
• Channel: NOCoE
• Speakers: Kevin Vita, John Obenberger, Rod Schilling, Dan Lukasek, Lashon Ford, Jim Whalen, Emily Dwyer
• Duration: 01:45:38

Introduction

This webinar, sponsored by the Traffic Management Center Pooled Fund Study and the Federal Highway Administration, and hosted by the National Operations Center of Excellence (NOCoE), focuses on successful practices and lessons learned from agencies nationwide regarding the asset management of Intelligent Transportation Systems (ITS) assets. The webinar aims to help attendees identify goals used in asset management planning, assess asset conditions using performance measures, identify data sources for condition assessment, and explore activities supporting asset management within ITS programs.

Key Takeaways

• Asset Management Definition: A systematic process encompassing the monitoring, operation, maintenance, and improvement of physical assets. For ITS, this includes routine and emergency repairs, and system replacements.
• Performance Measures: Key metrics for assessing ITS asset performance include asset condition (good, medium, poor), uptime/reliability, mean time between failures (MTBF), mean time to repair (MTTR), malfunction type, and lifecycle costing.
• Asset Management Roles: Defined roles include data entry personnel, operators, maintenance personnel, inspectors, contractors, and IT administrators, each with specific responsibilities in the asset management lifecycle.
• Tiered Asset Framework: A three-tier system categorizes ITS assets by criticality to operations: Tier 1 (critical, minimal downtime), Tier 2 (highly beneficial, moderate downtime tolerance), and Tier 3 (helpful but non-critical).
• Successful Asset Management Practices: These include centralized asset information systems, device tiering, asset management contracts, data management plans, lifecycle planning, asset management tools, and obsolescence plans. Examples of successful implementations from Nevada DOT and Georgia DOT were presented.

While the video title includes "Health Index," the transcript doesn't explicitly define or elaborate on a specific "asset health index." The presentations do discuss asset health and condition using various performance measures (uptime, MTBF, MTTR, etc.) and visual dashboards showing the operational status of devices. However, a formal definition or calculation of a singular "asset health index" isn't provided. The Nevada Department of Transportation mentions creating a data visualization of a "health index of the assets" as a future goal, but the specifics are not detailed.