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Planning of National Transport Infrastructure

In the Islamic Countries

38

Performance measurement –KPI

Performance can be measured via the following indicators:

Present Value of Benefits (PVB) – total discounted benefits during the appraisal period

Present Value of Costs (PVC) – total discounted economic costs incurred during the

appraisal period

Economic Net Present value (ENPV) –the absolute size of the project net benefits.

Benefit to Cost Ratio (BCR) – the ratio between total benefit and costs. This gives the

relative size of the project net benefits but is independent of project size

Economic Internal Rate of Return (EIRR) – Similar to BCR it is independent of project

size and gives an indication of the scale of benefits relative to the investment cost.

Scenarios

In many countries, planning bureaus have developed long term scenarios, in line with national

and international policies and developments. These scenario are incorporated in the NTI plans

and result in various sets of prognoses.

The use of scenarios is widely diffused because it allows to compare systemically different

possible outcomes. They are part of a top-down planning approach showing how different

alternatives perform under important future constraints. In the Strategic Infrastructure

Planning of 2017, OECD reports the case of scenario planning adopted by Australia. Despite the

fact of not being a common procedure for this country, the Australian Infrastructure Audit

implemented this strategy tomanage the uncertainty around infrastructure planning over a long

period of time (IA, 2015). There had been three different scenarios involved varying on

productivity and population keeping in consideration – but not undertaking economic analysis

of additional uncertainties – among which are the climate change, the implications of

demographic change and changes in local and global economy (IA, 2015: 40).

It is however necessary to mention also that scenarios analysis is not very popular yet among

policy makers. OECD (2017) reports as main reason that policy makers have a wide range of

targets and need to consider multiple aspects of the decision with its trade-offs. The example

provided is economic growth against environmental impacts.

Political choice between shortlisted options

The technical, financial and economic assessments provide the decision maker with a lot of

information. However, not all effects can be quantified or monetized. An MCA can be helpful to

the decision maker to make a choice that fits into the long term vision and policy objectives.

Romania National Transport Master Plan

Structure of the master Plan: Methodology – Present situation and trends – Per mode (also

intermodal): strategy operational CBA, MCA, interventions – Funding analysis – Overall strategy

2020-2030, including scenario’s

Objective: Master Plan is a high-level planning instrument, refers to major objectives of national

transport system, being large sized projects and actions. Aim to “identify the projects and

policies which will best meet Romania's National transport needs over the next 5-15 years, for