Group 6 Transportation Policy Planning
Group 6 Transportation Policy Planning
Planning
GROUP 6
Strategic planning
- A high-level long-term planning horizon
- Relies on strategic plans implementing a vision.
Planning Time Horizon
Tactical planning
- Involves both financial and strategic planning, often
reported through business plans.
- Budgeting for the allocation of resources to specific
activities and projects is part of the financial planning
process.
Planning Time Horizon
Operational planning
- Involves decisions solving practical problems
related to transport operations, usually within a
year.
Planning Time Horizon
Cost-Benefit Analysis
- Evaluating the costs and benefits associated with different
policy options.
- Includes considering direct financial costs, environmental
impacts, social equity considerations, and potential economic
benefits resulting from improved transportation efficiency.
Approaches of Transportation Policy Planning
Top-down Planning
- An authority sets the strategic goals and prepares a plan.
Bottom-up Planning
- Stakeholders such as carriers and operators are the main
drivers of the planning process by providing actionable
input. these inputs to create a strategic plan with limited
oversight.
Approaches of Transportation Policy Planning
Hybrid Planning
– An authority sets the strategic intent of the planning
process and asks stakeholders to propose projects supporting
the main goals.
Approaches of Transportation Policy Planning
Issues and Interventions related to Transportation
Policy Planning
1. National security
2. Public safety and the environment
3. Control over the inherent monopolistic tendency
4. Intervention includes the desire to limit foreign
ownership
Reasons for Caution in using Data for
Transportation Policy Planning