Managing Risk in Rapid Renewal Projects
The U.S. Federal Highway Administration has released a report that evaluates specific states’ progress in adopting the second Strategic Highway Research Program (SHRP2) product
Managing Risk in Rapid Renewal Projects (R09). Specifically, this report identifies the states’ successes in disseminating R09 concepts to staff, adopting R09 concepts into state procedures, and realizing project cost and time savings. This report also provides recommendations on how to improve the adoption of risk-management procedures and describes lessons learned. TRB developed SHRP2 product R09, which provides practical tools and techniques for minimizing risk and exploiting opportunities on transportation projects that are to be implemented in an accelerated timeframe.
This Summary Last Modified On: 10/15/2018