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 2: Tuesday, August 25