Presentation Outline What’s new about Asset Management (AM)? What does HDM-4 do? And not do? How has HDM-4 been used in AM? Why is HDM-4important? How can DOTs use HDM-4?ĭefinition and Status of Asset Management "A systematic process of effectively maintaining, upgrading and operating assets, combining engineering principles with sound business practice and economic rationale, and providing the tools to facilitate a more organized and flexible approach to making decisions necessary to achieve the public’s expectations." (PIARC, 2003) 1, 2005 SYC, Inc.: Experts Transforming Transportation and Logistics Decision Support ![]() HDM-4 as a Consultants Transforming Businesses Tool forManagement Asset Management by Peter D.
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