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ERM - Incorporating uncertainty into forecasting, target-setting, and monitoring

Funding

$0

Research Period

Background Information

Literature Search Summary

Objectives

Incorporating uncertainty into forecasting, target-setting, and monitoring - low /high matrix - inflation, funding,
performance, modeling uncertainty envelope (synthesis/peer exchange in lieu of research project?) (Risk as a
band of uncertainty v. a number) - Charles Pilson
There was a recent research idea on how to visualize/communicate uncertainty. Maybe a TAM conference
idea?

The RMS also has "ERM - Improving Risk Visualization and Communication Internally and Externally"
in the candidate pool. Not sure if that's related to the idea of communicating uncertainty? - Matt Haubrich

Keywords/Terms

Link to 2021-2026 AASHTO Strategic Plan

Urgency and Potential Benefits

Implementation Considerations

Author(s)

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Others Supporting Problem Statement

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Potential Panel Members

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Notes