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Asset management is a systematic process of maintaining, upgrading and operating physical assets cost-effectively.
MDOT takes an asset management approach to managing its diverse transportation investments. Asset management is a strategic approach to linking data, goals, investment strategies, programs, and projects into a systemic process to ensure achievement of a desired outcome. This process also includes monitoring results and making adjustments, as appropriate, with the overall goal of ensuring the state transportation system is managed in a cost-effective and efficient manner.