Sponsoredby:Incooperationwith:AmericanAssociationofStateHighwayandTransportationOfficialsNationalCooperativeHighwayResearchProgramAugust2012InternationalTechnologyScanningProgramTransportationRiskManagement:InternationalPracticesforProgramDevelopmentandProjectDeliveryNOTICETheFederalHighwayAdministrationprovideshigh-qualityinformationtoserveGovernment,industry,andthepublicinamannerthatpromotespublicunderstanding.Standardsandpoliciesareusedtoensureandmaximizethequality,objectivity,utility,andintegrityofitsinformation.FHWAperiodicallyreviewsqualityissuesandadjustsitsprogramsandprocessestoensurecontinuousqualityimprovement.1.ReportNo.FHWA-PL-12-0292.GovernmentAccessionNo.3.Recipient’sCatalogNo.4.TitleandSubtitleTransportationRiskManagement:InternationalPracticesforProgramDevelopmentandProjectDelivery5.ReportDateAugust20126.PerformingOrganizationCode7.Author(s)JoyceA.Curtis,JosephS.Dailey,DanielD’Angelo,StevenD.DeWitt,MichaelJ.Graf,TimothyA.Henkel,Dr.JohnB.Miller,Dr.JohnC.Milton,Dr.KeithR.Molenaar,DarrellM.Richardson,RobertE.Rocco8.PerformingOrganizationReportNo.9.PerformingOrganizationNameandAddressAmericanTradeInitiatives3FairfieldCourtStafford,VA22554-171610.WorkUnitNo.(TRAIS)11.ContractorGrantNo.DTFH61-10-C-0002712.SponsoringAgencyNameandAddressOfficeofInternationalProgramsFederalHighwayAdministrationU.S.DepartmentofTransportationAmericanAssociationofStateHighwayandTransportationOfficials13.TypeofReportandPeriodCovered14.SponsoringAgencyCode15.SupplementaryNotesFHWACOTR:HanaMaier,OfficeofInternationalPrograms16.AbstractStudiesshowthatU.S.highwayagencieshaveonlyrecentlybeguntodevelopformalriskmanagementpoliciesandproceduresattheenterprise,program,andprojectlevels.TheFederalHighwayAdministration,AmericanAssociationofStateHighwayandTransportationOfficials,andNationalCooperativeHighwayResearchProgramsponsoredascanningstudyofAustraliaandEuropetodocumentriskmanagementpolicies,practices,andstrategiesforpotentialapplicationintheUnitedStates.Thescanteamfoundthattheleadinginternationaltransportationagencieshavematureriskmanagementpractices.Theteamobservedthatriskmanagementsupportsstrategicorganizationalalignment,helpsapportionriskstothepartiesbestabletomanagethem,andfacilitatesgooddecisionmakingandaccountabilityatalllevelsoftheorganizations.TeamrecommendationsforU.S.implementationincludedevelopingexecutive-levelsupportforriskmanagementattransportationagencies,definingriskmanagementleadershipandorganizationalresponsibilities,andusingriskmanagementtomakethebusinesscasefortransportationandbuildtrustwithtransportationstakeholders.17.KeyWordsAssetmanagement,enterprise,performancemanagement,programdevelopment,projectdelivery,riskmanagement18.DistributionStatementNorestrictions.Thisdocumentisavailabletothepublicfromthe:OfficeofInternationalPrograms,FHWA-HPIP,Room3325,U.S.DepartmentofTransportation,Washington,DC20590international@fhwa.dot.gov,www.international.fhwa.dot.gov19.SecurityClassify.(ofthisreport)Unclassified20.SecurityClassify.(ofthispage)Unclassified21.No.ofPages8022.PriceFreeFormDOTF1700.7(8-72)ReproductionofcompletedpageauthorizedTechnicalReportDocumentationPageTransportationRiskManagement:InternationalPracticesforProgramDevelopmentandProjectDeliveryAugust2012PRePARedbyTHeINTeRNATIONAlSCANNINGSTudyTeAm:JoyceA.Curtis(Cochair)FHWADanielD’Angelo(Cochair)NewYorkStateDOTDr.Kei...