2022 - Questions and Results

Questions

Question	Module	Submodule

025	Strategic Planning for Traffic Records Systems	General
Does the State Traffic Records Strategic Plan consider lifecycle costs in implementing improvement projects?
Please identify, with appropriate citations from the plan, a project or projects in the State Traffic Records Strategic Plan whose development included consideration of lifecycle costs.
Question2017: 031

Question	Rating

025	Partially Meets Advisory Ideal
The Traffic Records Strategic Plan identifies fiscal year timeline projects, but it was unclear if projects were being tracked for progress, updating, or completion within a specific timeline. Kentucky may consider developing a comprehensive lifecycle cost tracking system to assist with addressing milestones met, budget adjustments, expenditures, etc. It is noted that KTRAC will be looking into developing a lifecycle cost tracking system in the future. The recurring analysis project for updating Traffic Records Strategic Plan performance measures is looking at longer-term processes and some of the information uncovered in their work would apply to lifecycle analysis. An example would be the upgrading of existing traffic count devices.
Rating Improved. From ‘Does Not Meet Advisory Ideal’ to ‘Partially Meets Advisory Ideal’.

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