Course description
Passenger Demand Forecasting Handbook
This course explains the demand forecasting principles underlying the Passenger Demand Forecasting Handbook, as widely used in the UK railway industry, and provides a step-by-step guide to the forecasting procedures contained within it. A wide range of worked examples are covered and a workshop tackles a series of practical demand forecasting problems using software to apply PDFH recommendations to real-world situations.
Designed for people in the industry, these courses will develop up-to-date skills and knowledge for all transport professionals. They typically last 1-5 days and are accredited to contribute to your personal development requirements.Short courses are taught by active research staff and teachers, with external experts contributing, and are normally held at the Institute for Transport Studies. Alternate arrangements can be made to bring a course closer to you.
These courses can also help you to attain credits towards a postgraduate qualification at the University of Leeds – you will have to formally apply to be a student here, so get in touch to find out more. All courses can be tailor-made to your company’s particular needs. Please get in touch to discuss bespoke course options.
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Suitability - Who should attend?
Who should attend?
The course is designed for railway managers and consultants involved in rail demand and revenue forecasting.
Training Course Content
Outline and objectives
Principles and concepts
- Principles of demand models and brief overview of different types of model
- Elasticities and cross elasticities
- Relationships between elasticities
- Generalised Journey Time (GJT) and rooftop model
- Implicit elasticities
- Conditional and non-conditional elasticities
PDFH
- Discussion of PDFH as a forecasting framework
- Forecasting the impact of external factors (e.g. GDP and population), fares and timetable factors
- The effect of crowding, other service quality factors and impacts of new services
- Demand build up or lags
- Worked forecasting examples
Expenses
Course Price: £500 (exl VAT)