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Database Design and Integration Framework for Risk Management for State Highway Agencies
Transportation Research Record: Journal of the Transportation Research Board ( IF 1.7 ) Pub Date : 2021-07-19 , DOI: 10.1177/03611981211020004
Inya Nlenanya 1 , Omar Smadi 1
Affiliation  

Risk-based transportation asset management program (TAMP) gives transportation agencies the ability to have a mechanism for documenting and measuring risks to their operations, as this will help drive the potential mitigation activities. The monitoring and updating of the risk management process is essential to TAMP as it will ensure that the financial plan and investment strategy components of the TAMP are suitable to ensure that agencies continue to fulfill their primary responsibilities. However, a review of the initial TAMP documents submitted by U.S. transportation agencies showed that although risks are acknowledged, there does not exist a clear line of sight between risk management and agencies’ programming. This is the result of a lack of cross-asset risk integration. As a result, the paper proposes a data integration framework for developing a cross-asset comprehensive database for risk management that integrates many of the common risks that state highway agencies have identified in the initial TAMP documents. In addition, the paper proposes modifications to the risk identification methodology that leverage the collaborative aspects of risk management to quantify risk in monetary terms.



中文翻译:

国家公路机构风险管理的数据库设计和集成框架

基于风险的运输资产管理计划 (TAMP) 使运输机构能够拥有一种机制来记录和衡量其运营风险,因为这将有助于推动潜在的缓解活动。风险管理流程的监控和更新对于 TAMP 至关重要,因为它将确保 TAMP 的财务计划和投资策略组成部分适合于确保机构继续履行其主要职责。然而,对美国运输机构提交的初始 TAMP 文件的审查表明,尽管风险得到承认,但风险管理和机构计划之间并不存在清晰的界限。这是缺乏跨资产风险整合的结果。因此,该论文提出了一个数据集成框架,用于开发跨资产综合风险管理数据库,该数据库集成了州公路机构在初始 TAMP 文件中确定的许多常见风险。此外,本文还建议修改风险识别方法,利用风险管理的协作方面来量化货币风险。

更新日期:2021-07-20
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