INVESTMENT PLANNING IN LONDON TRANSPORT USING NON-FINANCIAL DECISION CRITERIA PART 1 AND PART 2

This article is in two parts: Part I deals first with the requirements of the investment planning process in a corporate context, and then introduces the background and framework for London Transport's investment planning. Particular attention is given to the derivation of an appropriate corporate objective and decision criterion, the formal adoption of "maximising passenger miles subject to budget constraint" is explained and justified. Part II deals specifically with the preparation of investment plans in London Transport, and illustrates the use of the "programme approach" by the case of station modernisation. Finally the presentation of the 10 year investment plan is described.

  • Availability:
  • Corporate Authors:

    Pergamon Press, Incorporated

    Headington Hill Hall
    Oxford OX30BW,   England 
  • Authors:
    • Quarmby, D A
  • Publication Date: 1978

Media Info

  • Features: Figures; References; Tables;
  • Pagination: p. 31
  • Serial:

Subject/Index Terms

Filing Info

  • Accession Number: 00196526
  • Record Type: Publication
  • Source Agency: Transport Research Laboratory
  • Files: ITRD, TRIS
  • Created Date: Aug 15 1981 12:00AM