BALANCING PROJECT COSTS AND REVENUE TARGETS

PLANNING PROCESS IS MEETING WITH ONLY LIMITED SUCCESS. SOME OF THE REASONS FFOR THIS ARE NATIONAL INFLATION, ENVIRONMENTAL COMPLAINTS, AND A STRONG DESIRE FOR PUBLIC INVOLVEMENT IN THE HIGHWAY PROGRAM. ONE APPROACH BEING TRIED BY THE CALIFORNIA DEPARTMENT OF PUBLIC WORKS IS TO DEAL WITH CHANGE AS INEVITABLE AND THEN TO LOOK FOR FASTER METHODS OF RESPONDING TO CHANGE. A TECHNIQUE HAS BEEN DEVELOPED, USING A COMPUTER WITH VIDEO DISPLAY TERMINALS, FOR BALANCING PROJECT COSTS AND REVENUE TARGETS. THE REMOTE TERMINALS, LINKED BY TELEPHONE LINES TO A CENTRAL COMPUTER, ENABLE ENGINEERS TO RETRIEVE CONSTRUCTION AND RIGHT-OF-WAY ESTIMATES FROM A DATA BANK. EACH PROJECT COST ESTIMATE CAN BE DISPLAYED ON A VIDEO SCREEN, APPORTIONED AMONG FISCAL YEARS OF EXPENDITURE, ADVANCED OR DELAYED TO DIFFERENT FISCAL YEARS, ESCALATED OR DE-ESCALATED, AND RESUMMARIZED FOR BALANCING AGAINST REVENUE TARGETS. THIS TECHNIQUE GREATLY REDUCES THE TIME-CONSUMING WORK OF BALANCING AND REFINING A LONG-RANGE HIGH-WAY FINANCIAL PLAN UNDER PRESSURE OF FREQUENT CHANGE.

Media Info

  • Media Type: Print
  • Features: Figures;
  • Pagination: pp 52-59
  • Monograph Title: Transportation systems planning and resource allocation
  • Serial:

Subject/Index Terms

Filing Info

  • Accession Number: 00202418
  • Record Type: Publication
  • ISBN: 0309022517
  • Files: TRIS, TRB
  • Created Date: May 15 1974 12:00AM