Uses of Risk Management and Data Management to Support Target-setting for Performance-based Resource Allocation by Transportation Agencies

Book excerpt: TRB's National Cooperative Highway Research Program (NCHRP) Report 706: Uses of Risk Management and Data Management to Support Target-Setting for Performance-Based Resource Allocation by Transportation Agencies describes how transportation agencies can use risk management and data management to support management target-setting for performance-based resource allocation. As the final product of a second phase of NCHRP Project 08-70, ?Target-Setting Methods and Data Management to Support Performance-Based Resource Allocation by Transportation Agencies, ? this report supplements NCHRP 666: Target Setting Methods and Data Management to Support Performance-Based Resource Allocation by Transportation Agencies - Volume I: Research Report, and Volume II: Guide for Target-Setting and Data Management published in 2010. Volume III to this report was published separately in an electronic-only format as NCHRP Web-Only Document 154. Volume III includes case studies of organizations investigated in the research used to develop NCHRP Report 666.