OPIM 5894 ADVANCED PROJECT MANAGEMENT SURESH NAIR, Ph.D. Professor, School of Business University of Connecticut, Storrs, USA

California High Speed Rail 2 Lots of data made available  Ridership 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 Rail 3 Issues raised  Intercity vs. commuting traffic – issues are different  Understanding demand forecasting and related risks  Implications of pricing options  Project 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 Rail 4 Team Assignments – Team 1  For 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 Rail 5 Team Assignments– Team 2  If 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 Rail 6 Team Assignments – Team 3  What 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