Workshop 1: Performance measurement and compliance
John D. Nelson and
Rico Merkert
Research in Transportation Economics, 2013, vol. 39, issue 1, 46-49
Abstract:
This workshop discussed challenges of measuring the performance of transport contracts, which is usually achieved by benchmarking the relevant services against a few key performance indicators (KPIs). Such KPIs (the workshop identified cost efficiency, service quality and safety/security as the top three) can be explicitly included in the contracts (with a focus on compliance) or can be rather informal and part of a trusting partnership. Limited availability of good data and appropriate information technology systems appear to be the greatest challenges within developed markets. In the context of creating a formal market (such as the South African taxi market), which encourages public transport measurement and compliance, our findings suggest that it is important to set as a first step minimum standards to address the backlog with respect to establishing performance measurement regimes.
Keywords: Contracts; Performance measurement; Compliance; KPIs; Trusting partnerships; Data requirements (search for similar items in EconPapers)
Date: 2013
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Persistent link: https://EconPapers.repec.org/RePEc:eee:retrec:v:39:y:2013:i:1:p:46-49
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DOI: 10.1016/j.retrec.2012.05.022
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