Risk Management Systems. Volume 3. A Framework for Evaluation of Risk Management Programs in State Departments of Transportation.

摘要

With the loss of sovereign immunity, which basically stated that a state could not be sued without its consent, state DOT's are facing rapidly increasing tort liability costs. To counter this problem, many states are beginning to evaluate their organizations and starting to implement risk management programs to minimize tort liability costs. The project develops a framework for evaluating risk management programs in state DOTs. Included in the framework are the goals and objectives of a maintenance division and risk management program derived from a survey responded to by 38 states. Then, based on these goals and objectives, the evaluation criteria and method consists of comparison of alternatives using single and multi-objective optimization. In the study, the flow of activities within the system, a Maintenance Division of VDOT, is demonstrated using block diagrams. Then, a simulation model was developed using these diagrams. Using computer simulated system characteristics, optimization techniques were employed to compare the alternatives.