OPIM 5894ADVANCED PROJECT MANAGEMENT

SURESH NAIR, Ph.D.

Professor,

School of Business

University of Connecticut, Storrs, USA

http://users.business.uconn.edu/snair/opim5894.html

California High Speed Rail2

Lots of data made availableRidership and revenue - Phase I only or Full System (Exhibit 6 and 7)Fares (Exhibit 12)Frequency (Exhibit 10, 14)Share of traffic (Exhibit 12, 6, 7)Base share, without HSR (Exhibit 9) Cost/benefit (Exhibit 16-18)

Prof. Suresh Nair, University of Connecticut

California High Speed Rail3

Issues raisedIntercity vs. commuting traffic – issues are differentUnderstanding demand forecasting and related risksImplications of pricing optionsProject schedule, funding and cost implications Is price the main driver of share of traffic?Can this be an “independent utility?” Is this project worth supporting with tax dollars?

Prof. Suresh Nair, University of Connecticut

California High Speed Rail4

Team Assignments – Team 1For LA to SF segment (intercity) evaluate the ridership and revenue projections and related risks. Be specific – be specific, do calculations and simulations, as needed. What factors are different for commuters (say Palmdale to Anaheim or SF to Gilroy).

Prof. Suresh Nair, University of Connecticut

California High Speed Rail5

Team Assignments– Team 2If you were the consultant, how would you come up with the numbers on ridership, revenue and share for the LA to SF segment in the Exhibits – be specific, do calculations and simulations, as needed.

Prof. Suresh Nair, University of Connecticut

California High Speed Rail6

Team Assignments – Team 3What are the specific risks of cost overruns, delays and piecemeal funding? How would it affect the benefit cost numbers in the case – be specific, do calculations and simulations, as needed. How would you mitigate these risks?

Prof. Suresh Nair, University of Connecticut