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"TRB's National Cooperative Highway Research Program (NCHRP) Synthesis 479: Forecasting Transportation Revenue Sources: Survey of State Practices documents current and proposed forecasting methodologies, as well as shortcomings of methods as reported by state departments of transportation (DOTs). The report also includes information about the types of revenue being forecasted, and how satisfied DOTs have been by the accuracy of their projections." -- Publisher's description.
Conference participants sought to identify gaps in the data and analytic tools needed to support economic analysis as related to transportation investment and to develop research proposals designed to fill those gaps. The opening day of the conference featured presentations by economists, transportation analysts, and policy makers on the theory and practice of economic analysis and its usefulness to decision makers. The second and third days of the conference revolved around participatory workshops. Six separate working groups deliberated over three questions: (1) What is the appropriate level of investment in transportation to encourage economic health? (2) How should projects be prioritized within a multimodal transportation program? (3) How much revenue is likely to flow from user charges, tolls, and other sources? At the conclusion of its deliberations, each working group developed a list of research proposals, which it then presented to the conference as a whole.
Accurate traffic forecasts for highway planning and design help ensure that public dollars are spent wisely. Forecasts inform discussions about whether, when, how, and where to invest public resources to manage traffic flow, widen and remodel existing facilities, and where to locate, align, and how to size new ones. The TRB National Cooperative Highway Research Program's NCHRP Report 934: Traffic Forecasting Accuracy Assessment Research seeks to develop a process and methods by which to analyze and improve the accuracy, reliability, and utility of project-level traffic forecasts. The report also includes tools for engineers and planners who are involved in generating traffic forecasts, including: Quantile Regression Models, a Traffic Accuracy Assessment, a Forecast Archive Annotated Outline, a Deep Dive Annotated Outline, and Deep Dive Assessment Tables.
This report from the second Strategic Highway Research Program (SHRP 2), which is administered by the Transportation Research Board of the National Academies, presents the process used to develop a strategic plan aimed at improving the state of the practice in freight demand modeling and freight data. The need for this plan is identified through the increasing number of freight bottlenecks found throughout the U.S. highway network, demonstrating that more information is needed on freight flows and their relation to highway capacity planning. The report documents the research approach and findings during the development of the C20 Strategic Plan, which is available on the TRB website. The report also includes documentation of the Innovations in Freight Demand Modeling and Data Symposium, a pilot effort initiated in September 2010.
Provides guidance in forecasting/allocation methods used in sub- county (including urban) areas.