Stewardship and accountability are keys to funding as municipalities benefit from Public Transit Infrastructure funds to improve their transit services and public infrastructure. Asset management through the life cycle is a focus to show that those funds deliver the largest impact to their communities. Ensure that your staff are working to a sound and effective plan.
Introduction to Asset Management for Transit, will cover the specifics of how to develop a program, including:
- Policy and governance: Putting policies and objectives in place related to Asset Management, bringing those policies to life through a strategy and then measuring and monitoring implementation over time.
- People and leadership: Setting up cross-functional groups with clear accountability and ensuring adequate resourcing and commitment from senior management and elected officials to advance Asset Management.
- Data and information: Using asset data, performance data and financial data to support effective planning and decision-making.
- Planning and decision-making: Documenting and standardizing how the organization sets priorities, conducts capital and operations and maintenance (O&M) planning, and decides on budgets.
- Contribution to Asset Management practice: Training and staff development, sharing knowledge within the organization and participating in external knowledge sharing.
To register for this 1-day introduction to Asset Management, select your preferred session from our calendar. Fill out the Registration Form and email it to firstname.lastname@example.org.
CUTA's learning events are designed to propel your career and skills forward with training that is sourced from Canada's transit subject matter experts.
If you have any questions, please do not hesitate to contact us at email@example.com or at 416.365.9800 x121.
This initiative is offered through the Municipal Asset Management Program, which is funded by the Government of Canada and delivered with the Federation of Canadian Municipalities.