Twenty–six State department of transportation (DOT) officials met for two days in Minneapolis, Minn., over August 24 and 25, 2015 to explore the advantages of enterprise risk management (ERM). Presentations from DOT officials from Washington, California, Minnesota, New Jersey, Vermont, Nevada and elsewhere summarized how risk management prepares agency officials to manage uncertainty, better protect the public and enhance agency performance. The presentations also emphasized how risk management helps satisfy requirements of the Moving Ahead for Progress in the 21st Century Act (MAP-21).

Participants also outlined key steps to support States’ risk management evolution that could be pursued by the American Association of State Highway and Transportation Officials (AASHTO), the Transportation Research Board (TRB), and the Federal Highway Administration (FHWA). These steps form an initial risk management roadmap that AASHTO, TRB, and FHWA could pursue. Workshop slides are collected below.

See the workshop proceedings for more information on the conclusions and recommendations produced through the workshop. The workshop was followed by a peer exchange, sponsored by FHWA and AASHTO, addressing the integration of risk management into transportation asset management (TAM) programs and activities.

Workshop Slides

Day 1: Monday, August 24

Day 1 Introduction
Keynote Address
Kickoff Exercise
What is ERM?
Exercise 2
Exercise 3
Discussion
Day 1 Introduction
First slide from the ERM Workshop Introduction
Welcome and Introduction

Presenter: Tim Henkel, Minnesota DOT
Slides: Welcome and Introduction

Keynote Address
First slide from the ERM Workshop Introduction
Keynote

Presenter: Kristin Rebertus, Director of Enterprise Risk Management Legal and Compliance Department, CHS Inc.
Slides: N/A

Kickoff Exercise
Kickoff slides cover page
Kickoff Exercise

Presenter: N/A
Slides: Kickoff Exercise

What is ERM?
Cover slide for the presentation, Defining ERM
What is ERM and How Does it Benefit an Executive?

Presenter: Gordon Proctor
Slides: Defining ERM

Exercise 2
WSDOT Resiliency presentation cover slide image
Exercise 2: Addressing Risks to the Resilience of Highway Network

Presenters:

  • Shobna Varma, StarIsis
  • John Milton, Washington State DOT
  • Dave Kuhn, New Jersey DOT

Slides:

Exercise 3
Exercise 3: Using Risk-Based Approaches to Addressing Revenues and Investment Needs

Presenters:

  • Shobna Varma, StarIsis
  • Scott Richrath, Spy Pond Partners, LLC

Slides: Introduction

Discussion
Discussion: Effectively Communicating Agency Risks to Legislators and Other Key Stakeholders

Presenters:

  • Gordon Proctor, Gordon Proctor Associates
  • Tim Henkel, New Jersey DOT
  • John Milton, Washington State DOT

Slides:

Day 2: Tuesday, August 25

Exercise 4
Case Study
Launching ERM
Catalyzing ERM
ERM Progress Update
Exercise 4
Exercise 4: Active Management of Risks to High Priority Objectives

Presenters:

  • Gordon Proctor and Shobna Varma
  • Rudy Malfabon, Nevada DOT
  • Michelle Tucker, California Agency of Transportation
  • John Milton, Washington State DOT

Slides:

Case Study
ERM Supporting Performance Management

Presenter: John Milton, Washington State DOT
Slides: Case Study 2 Slides

Launching ERM
Launching an ERM Program

Presenters:

  • Gordon Proctor and Shobna Varma
  • Michelle Tucker, California Agency of Transportation
  • John Milton, Washington State DOT

Slides:

Catalyzing ERM
How Risk-Based Asset Management Programs Can Catalyze ERM

Presenters:

  • Gordon Proctor and Shobna Varma
  • Rich Tetrault, Vermont Agency of Transportation
  • Kirby Becker, Minnesota DOT
  • Steve Gaj, FHWA

Slides:

ERM Progress Update
ERM Progress presentation first slide
ERM Progress Update

Presenter: Mike Hancock, Kentucky Transportation Cabinet and AASHTO
Slides: ERM Progress Update Slides