Transportation Forecasting: Travel Demand and Project Costs

In a period of severely constrained resources, transportation policy-makers must be particularly careful to insure that plans for new or improved infrastructure are based on reliable forecasts of utilization and costs. This research project has three phases: an analysis of the past performance of forecasts for surface transportation infrastructure in the United States, a consideration of the reasons for generally poor forecasting performance, and proposals for improving forecasting. The first phase is complete, and the findings have been published. The second phase is being completed as of November 2009. The third phase is beginning.

Language

• English

Project

• Status: Active
• Sponsor Organizations:

  Research and Innovative Technology Administration

  University Transportation Centers Program
  1200 New Jersey Avenue, SE
  Washington, DC  United States  20590
• Project Managers:

  Mercado, Lydia

• Performing Organizations:

  George Mason University Transportation and Economic Development Center

  George Mason University
  102CFinley Building, MS-2C9
  Fairfax, VA  United States  22030-4444
• Principal Investigators:

  Button, Kenneth

• Start Date: 20091030
• Expected Completion Date: 0
• Actual Completion Date: 0
• Source Data: RiP Project 24094

Subject/Index Terms

• TRT Terms: Forecasting; Ground transportation; Infrastructure; Policy making; Research projects; Traffic forecasting; Travel demand
• Uncontrolled Terms: Project costs
• Subject Areas: Finance; Highways; Planning and Forecasting;

Filing Info

• Accession Number: 01461848
• Record Type: Research project
• Source Agency: George Mason University Transportation and Economic Development Center
• Files: UTC, RIP, USDOT
• Created Date: Jan 3 2013 1:53PM