What is Highway Asset Management?
The concept of highway asset management is important for people managing highway networks. Highway authorities already practice elements of asset management. Yet, the service wide application of asset management is a new concept.
The highway is the asset. The aim is to provide a structured approach to maintenance. To allow highway authorities to operate, maintain and restore their ‘highway assets'. This allows them to meet key performance requirements.
Looking after highways is a national priority. That is because of its important role in the economy. To work at it's best, it needs to be well maintained.