Approaches to Forecasting the Third Performance Management Rulemaking (PM3) Measures for Target Setting

Overview

This webpage from the U.S. Department of Transportation's Federal Highway Administration discusses approaches to forecasting the Third Performance Management Rulemaking (PM3) measures for target setting. The document is dated March 2023 and is designed to provide insight into how historical data, empirical analysis, model-based forecasts, and machine learning can be employed to forecast performance measures and set targets for highway segments. It includes figures and tables illustrating trends and analysis examples related to travel time reliability on highways. Read now at: https://ops.fhwa.dot.gov/publications/fhwahop21014/