DISCUSSION OF THE RANK-BASED EXPECTED VALUE METHOD OF PLAN EVALUATION AND SYSTEMS EVALUATION

THE TECHNIQUES PRESENTED FOR PLAN EVALUATION ARE DISCUSSED. THE RANK-BASED EXPECTED VALUE METHOD OF PLAN EVALUATION DESCRIBED BY MR. SCHLAGER IS DISCUSSED. IT WAS POINTED OUT THAT THE COMMON PRACTICE OF COST-BENEFIT ANALYSES CANNOT TAKE ALL FACTORS INTO ACCOUNT BECAUSE OF THE DIFFICULTY OF QUANTIFYING INTANGIBLE CRITERIA. A RANKING OF ALTERNATIVE PLANS WITH REGARD TO THE MANNER IN WHICH THEY NEED A RANK SET OF REGIONAL PLANNING OBJECTIVES WAS PROPOSED. A FACTOR WAS ADDED TO THE DECISION-MAKING PROCESS CALLED THE PROBABILITY OF IMPLEMENTATION WHICH TENDS TO TEMPER OPTIMISTIC OR UNREALISTIC PLANS WITH AN APPROPRIATE AIR OF CERTAINTY. POLICY SESSIONS HELD TO IDENTIFY THE GOALS AND STANDARDS AND ALTERNATE TRANSPORTATION AND LAND- USE PLANS, TO RANK GOALS AND OBJECTIVES IN ORDER OF PREFERENCE, AND TO RANK PLANS ACCORDING TO THEIR ABILITY TO SATISFY SPECIFIC GOALS APPEAR INVALUABLE. THIS PROCEDURE SHOULD PROVIDE A DYNAMIC AND SUCCESSFUL TRANSPORTATION PLANNING PROCESS IN THE SOUTHEASTERN WISCONSIN AREA. THE PAPER PRESENTED BY MESSRS. SCHIMPELER AND GRECCO IS ANOTHER APPROACH DIRECTED TOWARD THE SAME PROBLEM. HOWEVER, THE TECHNIQUES FOR RANKING THE REGIONAL GOALS AND OBJECTIVES AND DETERMINING THE EFFECTIVENESS OF THE VARIOUS PLAN ALTERNATIVES WERE DEVELOPED THROUGH THE APPLICATION OF DECISION-MAKING THEORY AND OPERATIONS RESEARCH. THROUGH RANKING AND/OR RATING TECHNIQUES, A UTILITY VALUE IS DETERMINED RELATIVE TO THE IMPORTANCE OF EACH GOAL TO THE REGION. TOTAL PLAN EFFECTIVENESS IS MEASURED FOR EACH PLAN THROUGH A DECISION MODEL BY SUMMING ALL PRODUCTS OF EACH PLAN EFFECTIVENESS VALUE TIMES THE UTILITY VALUE FOR EACH REGIONAL GOAL OR OBJECTIVE. IT IS EMPHASIZED THAT THE POLICY-MAKER MUST UNDERSTAND THE PLAN EVALUATION PROCEDURE AND TAKE AN ACTIVE PART IN THE DEVELOPMENT OF AN APPLICATION OF THE PLAN EVALUATION PROCEDURE TO DETERMINE THE BEST TRANSPORTATION-LAND USE PLAN FOR THE REGION.

Media Info

  • Media Type: Print
  • Pagination: pp 156-158
  • Monograph Title: Transportation system evaluation
  • Serial:

Subject/Index Terms

Filing Info

  • Accession Number: 00241243
  • Record Type: Publication
  • Report/Paper Numbers: No. 234
  • Files: TRIS, TRB
  • Created Date: Nov 11 1994 12:00AM