Approaches to Forecasting the Third Performance Management Rulemaking (PM3) Measures for Target Setting
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2023-08-01
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Abstract:This document developed a step-by-step calculation guide for three forecasting methods in support of target setting for the third performance management rulemaking (PM3) travel time-based performance measures. The three forecasting methods covered in this document are: Extrapolation of past trends (macroscopic). Highway segments “at risk” for unreliability (microscopic; based on identifying segments that close to the reliability threshold). Model-based forecasting.
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