Transportation Planning and Asset Management

Transportation Infrastructure and Asset Management

1-Briefly discuss the relationships between transportation planning and transportation asset management? 150WORDS

2-Prepare 1 to 2 page document summarizing the features of GASB 34 you consider most important?

Answer preview

Relationship between Transportation planning and transportation Asset management

Transportation planning involves formulating policies, future goals, policies, investments, and designs required in the future in moving people or goods to intended destinations.  It is a collaborative approach which requires different disciplines such as public, private businesses, and government agencies to work together.  They are supposed to collaborate in the initial stages of funding, policies and plans development, and project development. SteadieSeifi et al. (2014), asserts that transportation planning incorporates examining travel patterns and demographic characteristics of a given.  It also involves analyzing how such characteristics will change within time, and some improvements will…

 

(600 words)