New Jersey’s Capital Investment Strategy: Case Study of Performance-Based Programming

2002 ◽  
Vol 1817 (1) ◽  
pp. 33-41
Author(s):  
Mark L. Stout
Keyword(s):  
Performance Measures ◽  
Capital Investment ◽  
Investment Strategy ◽  
Department Of Transportation ◽  
Advocacy Groups ◽  
Trust Fund ◽  
Programming Tools ◽  
Goals And Objectives ◽  
Transportation Plan

Capital investment strategy is a term used by the New Jersey Department of Transportation (NJDOT) for a set of performance-based programming tools, including goals, objectives, performance measures, and alternative investment scenarios. Performance-based programming was first tried by NJDOT in the 1989 long-range transportation plan. Performance measures and benchmark investment targets were assigned to program categories within expected resources over a 5-year period. This approach was updated and expanded beginning in 1996 as part of a redesign of NJDOT’s planning and programming processes. In 1998 a detailed capital investment strategy was linked to the governor’s “vision plan,” including goals and objectives for a 12-year period. Some of these objectives had performance measures related to system condition (outcomes), and others had simpler performance measures. In 2000 the legislature enacted a state trust fund reauthorization bill that required NJDOT to submit an annual capital investment strategy report as a companion document to the annual proposed capital program. The act also set out several specific goals that were to be included in the report. The March 1, 2001, capital investment strategy report, which concluded that some of these goals were not feasible, led to a lawsuit by transportation advocacy groups, which was later dismissed.

Decision Support Tools for Managing Unpredictability in the Supply Chain

2000 ◽  
Author(s):  
Carol Vesier
Keyword(s):  
Supply Chain ◽  
Decision Support ◽  
Inventory Management ◽  
Production Scheduling ◽  
Capital Investment ◽  
Investment Strategy ◽  
Decision Support Tools ◽  
Business Outcomes ◽  
Support Tools

Abstract Effectively managing unpredictability requires decision support tools that can predict the financial and business outcomes of various supply chain strategies. This paper will discuss the role of these decision support tools and their characteristics as well as review a case study. In the case study, decision support tools facilitated development of strategies that increased after tax profit by $140 Million. These strategies included: • Reliability improvement strategy: Identifying the reliability improvements that offered the biggest profitability impact. • Supply chain strategy: Defining inventory management and production scheduling rules that ensured order shipment within two days. • Capital investment strategy: Defining when new capacity should come on line as well as the minimum capital investment.

Aviation System Performance Measures for State Transportation Planning

2000 ◽  
Vol 1703 (1) ◽  
pp. 7-15 ◽  
Author(s):  
Geoffrey D. Gosling
Keyword(s):  
Performance Measures ◽  
Transportation Planning ◽  
System Performance ◽  
National Level ◽  
Transportation System ◽  
System Support ◽  
Department Of Transportation ◽  
California Department ◽  
Update Process ◽  
Transportation Plan

A proposed set of aviation system performance measures that have been defined to support multimodal transportation planning in California is presented. As part of the 1998 update of the California Transportation Plan (CTP), the California Department of Transportation has defined a framework of system performance measures that could be applied on a multimodal basis to assess the performance of the transportation system, support informed decision making, and establish a coordinated and consistent process for performance measurement throughout the state. The research that is described examined approaches to measuring the performance of the aviation system that have been adopted at a national level and in other states, as well as general principles for measurement of transportation system performance that emerged from a conference held in 1997 as part of the CTP update process. The range of considerations that arise in measuring the performance of the aviation system is discussed, and potential performance measures that have been proposed to address the requirements of the CTP framework are identified. Finally, issues that will need to be addressed in implementing any comprehensive set of performance measures for the aviation component of the transportation system are discussed.

Retrofit of Aerodynamic Cable Instability on a Cable-Stayed Bridge: Case Study

2000 ◽  
Vol 1740 (1) ◽  
pp. 61-67 ◽  
Author(s):  
Niket M. Telang ◽  
Charles M. Minervino ◽  
Paul G. Norton
Keyword(s):  
Large Amplitude ◽  
Weather Conditions ◽  
Mitigation Measures ◽  
Mobile Bay ◽  
Department Of Transportation ◽  
Light Rain ◽  
Wind Speeds ◽  
Cable Stays ◽  
Large Amplitude Vibrations

Elegantly poised over the Mobile River, the twin pylons and the semi-harped cable stays of the Cochrane Bridge subtly complement the vast and undulating landscape of the Mobile Bay as the bridge carries US Route 90 over the Mobile River in Alabama. In February 1998, light rain drizzled on the bridge, and a weather station nearby recorded wind speeds of about 48 km/h (30 mph). Under these seemingly mild weather conditions, the normally immobile cable stays started to vibrate, and within moments, these nascent vibrations reached amplitudes of more than 1.2 m (4 ft). Alarmed by this event, the Alabama Department of Transportation (ALDOT) took immediate action to ensure the continued safety and serviceability of the bridge. A team of consultants was selected by ALDOT to investigate mitigation measures for the large-amplitude cable-stay vibrations. The fast-tracked comprehensive program planned and implemented to inspect, test, document, and evaluate the effects of the large-amplitude vibrations and the recommendation of retrofit measures that would limit future occurrences of such cable-stay vibrations on the Cochrane Bridge are described in detail.

A TWO-PHASED FUZZY MULTICRITERIA SELECTION AMONG PUBLIC TRANSPORTATION INVESTMENTS FOR POLICY-MAKING AND RISK GOVERNANCE

2012 ◽  
Vol 20 (supp01) ◽  
pp. 31-48 ◽  
Author(s):  
İHSAN KAYA ◽  
BAŞAR ÖZTAYŞI ◽  
CENGIZ KAHRAMAN
Keyword(s):  
Public Transportation ◽  
Capital Investment ◽  
Transportation Policy ◽  
Rolling Stock ◽  
Risk Governance ◽  
Second Phase ◽  
Transportation Modes ◽  
The Social ◽  
Transportation Type

Public transportation can be viewed as a key determinant and consequence of the social and spatial formation and development of contemporary cities and regions. Transportation policy generally combines four categories of instruments, i.e., investment, pricing, regulation and subsidy, to generate viable alternatives. Capital investment in public transportation supports the purchase of equipment and facilities including rolling stock, tracks, control equipment, and the construction of terminals, stations, parking lots, maintenance facilities and power generating facilities. Risk governance for public transportation investments looks at how risk-related decision-making unfolds when a range of actors is involved, requiring co-ordination and possibly reconciliation between a profusion of roles, perspectives, goals and activities. In this paper, a two-phased multicriteria methodology is proposed to select the best investment alternative for public transportation with respect to the predetermined criteria. In the first phase, a selection among transportation types is made, and in the second phase, a selection among transportation modes of the selected transportation type is made. A case study for Istanbul is given in the application section.

scholarly journals Performance measures for endoscopy services: a European Society of Gastrointestinal Endoscopy (ESGE) Quality Improvement Initiative

Endoscopy ◽  
2018 ◽  
Vol 50 (12) ◽  
pp. 1186-1204 ◽  
Author(s):  
Roland Valori ◽  
George Cortas ◽  
Thomas de Lange ◽  
Omer Balfaqih ◽  
Marjon de Pater ◽  
...  
Keyword(s):  
Quality Improvement ◽  
Performance Measures ◽  
European Society ◽  
Gastrointestinal Endoscopy ◽  
Quality Improvement Initiative ◽  
Advocacy Groups ◽  
Patient Journey ◽  
Professional Societies ◽  
Adoption And Implementation ◽  
Key Performance Measures

AbstractThe European Society of Gastrointestinal Endoscopy (ESGE) and United European Gastroenterology present a list of key performance measures for endoscopy services. We recommend that these performance measures be adopted by all endoscopy services across Europe. The measures include those related to the leadership, organization, and delivery of the service, as well as those associated with the patient journey. Each measure includes a recommendation for a minimum and target standard for endoscopy services to achieve. We recommend that all stakeholders in endoscopy take note of these ESGE endoscopy services performance measures to accelerate their adoption and implementation. Stakeholders include patients and their advocacy groups; service leaders; staff, including endoscopists; professional societies; payers; and regulators.

scholarly journals PENGELOLAAN WAKAF TANAH PRODUKTIF: Studi Kasus Nazhir Badan Kesejahteraan Masjid (BKM) Kota Semarang dan Yayasan Muslimin Kota Pekalongan

Al-Ahkam ◽  
2016 ◽  
Vol 26 (1) ◽  
pp. 93
Author(s):  
Ahmad Furqon
Keyword(s):  
Qualitative Research ◽  
Land Management ◽  
Investment Strategy ◽  
Main Question ◽  
Not Given ◽  
Case Study Approach ◽  
Study Approach ◽  
Productive Land ◽  
Two Parameters

<p>Mosque Welfare Agency (BKM) Semarang and Pekalongan Muslim Foundation (YKMP) is a nāẓir of productive waqf land. Management of waqf performed by BKM Semarang has not given the expected results, while the management of waqf by YMKP has given results as planned. The main question in this research is what are the factors of success and failures of both institutions in managing of productive land waqf? The answers are measured using two parameters: 1) The investment strategy by BKM Semarang and YMKP; 2) The organization's management of nāẓir of YMKP and BKM? This is a qualitative research with case study approach. Data is collected using observation, interview, and documentation. The methode of analysis is the comparative descriptive. The findings of this research are: 1) Investment of land waqf performed by BKM Semarang unproductive, while investment and distribution of land waqf performed by YMKP productive. 2) The organization's management of BKM in each function is not effective. While the organization's management of YMKP is effective.</p><p><strong><br /></strong></p><p><strong></strong>Badan Kesejahteraan Masjid (BKM) Kota Semarang dan Yayasan Muslimin Kota Pekalongan (YKMP) adalah nazhir badan hukum yang mengelola tanah wakaf secara produktif. Pengelolaan wakaf yang dilakukan oleh BKM Kota Semarang belum<br />memberikan hasil seperti yang diharapkan, sedangkan pengelolaan wakaf oleh YMKP telah memberikan hasil seperti yang direncanakan. Pertanyaan utama dalam penelitian<br />ini adalah apa faktor keberhasilan dan ketidakberhasilan dari kedua lembaga tersebut dalam mengelola wakaf tanah produktif? Jawaban pertanyaan di atas diukur menggunakan<br />dua parameter: 1) Strategi investasi BKM Kota Semarang dan YKMP; 2) Manajemen organisasi kenazhiran BKM Kota Semarang dan YKMP. Penelitian kualitatif ini menggunakan pendekatan studi kasus. Pengumpulan data dilakukan menggunakan<br />teknik observasi, wawancara, dan dokumentasi. Penelitian dianalisis dengan metode deskriptif komparatif. Temuan penelitian ini adalah: 1) Investasi tanah wakaf yang dilakukan oleh BKM Kota Semarang tidak produktif sedangkan Investasi dan pendistribusian hasil yang dilakukan oleh YMKP produktif. 2) Manajemen organisasi BKM Kota Semarang pada tiap-tiap fungsinya tidak berjalan efektif. Sedangkan manajemen organisasi YMKP telah berjalan cukup efektif.</p>

scholarly journals A Transportation Performance Measurement System with a Mississippi Case Study

2010 ◽  
Author(s):  
Haiyuan Wang ◽  
Mingzhou Jin
Keyword(s):  
Performance Measures ◽  
Transportation Systems ◽  
System Level ◽  
Performance Measurement System ◽  
Intermodal Transportation ◽  
Design Alternatives ◽  
Level Performance ◽  
Existing Data ◽  
Highway System

In current literature and practices, there are no systematic and user-oriented intermodal transportation performance measures. After identifying customer needs and transportation goals, this paper proposes a set of system-level performance measures for intermodal transportation that are user-oriented, scalable, systematic, and scientific. The measures can be used to compare intermodal design alternatives or to evaluate existing transportation systems with any size and any mode. The highway system in Mississippi is analyzed as a case study. The case study demonstrates the existing data sources, the methods of calculating the measures, and the means of evaluating transportation systems with the measures.

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