The policy to develop a long-term plan includes five steps. Using these steps, a registry is created. It helps identify, analyze, and monitor impacts. That way, we can understand the powerful and transformative trends that affect us. This policy is in Chapter 6 of the VTrans Policy Guide.
Check out the VTrans Technical Guide: Development and Monitoring of Long-term Risk & Opportunity Register (v4) for details. Visit the DataExplorer to view the data.
Step 1: Identify Megatrends and Macrotrends
Megatrends are powerful transformative forces. Macrotrends are emerging patterns of change. Based on literature review, these Megatrends and related Macrotrends have been identified.
Megatrend 1: Climate
Megatrend 2: Technology
Megatrend 3: Consumption
Megatrend 4: Socio-Demographics
Step 2: Develop Metrics for CTB Goals
Measures are established for each goal to allow for quantification of macrotrend impacts
Step 3: Estimate Impacts of Mega and Macrotrends on CTB Goal Metrics
Now that the macrotrends have been identified, three impact scenarios are applied to each. The scenarios are:
Step 4: Develop Long-term Risk & Opportunity Register
A Long-term Risk & Opportunity Register is developed based on the guidance from CTB members, stakeholders, and subject-matter experts. This register helps organize and communicate a common understanding of risks and opportunities. It helps ensure a common strategy to meet the CTB goals. For the purpose of this register, the following definitions are used:
Step 5: Track Macrotrends
VTrans Trend Trackers that allow for annual monitoring and reporting are identified.
Macrotrend 1: Increase in Flooding Risk
Macrotrend 2: Adoption of Highly Autonomous Vehicles
Macrotrend 3: Adoption of Electric Vehicles
Macrotrend 4: Growth in Shared Mobility
Macrotrend 5: Growth in E-commerce
Macrotrend 6: Greater Automation of Production and Services
Macrotrend 7: Growth of Professional Service Industry
Macrotrend 8: Increase in Workplace Flexibility
Macrotrend 9: Growth of the Age 65+ Cohort
Macrotrend 10: Population and Employment Shift
It is important to estimate the total impact of the four Megatrends on CTB goals. Again, these Megatrends are:
Because there is uncertainty around predicting how these trends will develop, they are divided into three scenarios. They are low, medium, and high impacts.
(VMT Index estimates change in Vehicles Miles Traveled (VMT) compared to the 2045 Business-As-Usual Scenario.)
Note: For readability, not all cities are labeled on the chart. There are additional cities between visible names. Hover over each bar to explore all locations.
(Shared Mobility Index estimates urban auto single-occupancy VMT switchable to Micromobility + Ridesourcing compared to the 2045 Business-As-Usual Scenario.)
Note: For readability, not all cities are labeled on the chart. There are additional cities between visible names. Hover over each bar to explore all locations.
(Safety Index estimates change in the number of crashes involving fatalities + serious injuries compared to the 2045 Business-As-Usual Scenario.)
Note: For readability, not all cities are labeled on the chart. There are additional cities between visible names. Hover over each bar to explore all locations.
(At-Risk Roadways estimates number of directional roadway miles at-risk from flooding.)
(Tailpipe Emissions Index estimates change in tailpipe emissions Compared to the 2045 Business-As-Usual Scenario.)
Note: For readability, not all cities are labeled on the chart. There are additional cities between visible names. Hover over each bar to explore all locations.
Here you can find the Policy for the Development and Monitoring of VTrans Risk & Opportunity Register. It identifies long-term risks and opportunities for Virginia’s transportation system due to the four Megatrends (Climate, Technology, Consumption, and Socio-demographic Changes).
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Have more VTrans questions? Find answers on our FAQ page.
What is a Risk & Opportunity Register? Why include in a planning document?
There are many uncertainties associated with long-term planning. The VTrans Long-Term Risk and Opportunity Register provides for a risk-based approach focused on improving preparedness.
This risk-based approach allows for the inclusion of a range of potential impacts (positive or negative), proximity, and relative priority. It is a widely used practice utilized by several major public and private entities that allows focus on the “most consequential and significant risks ….. an area that merits the time and attention of executive management and the board of directors.” This approach provides for a continual business process to proactively identify risks and opportunities for Virginia's transportation system.
Why should we develop a long-term risk and opportunity register, given the uncertainty of the future?
By identifying long-term risk and opportunities, we are not trying to predict the future, but rather prepare so that we are more aware and informed of possible gradual or systemic changes coming our way. Long-term risk and opportunities will be more policy-oriented, not project- or location-based. The long-term risk and opportunity register will the allow the CTB to track and monitor risks and opportunities, so that actions can be taken to mitigate risks and accentuate impacts of opportunities We plan to revisit the register on an annual basis through the VTrans Trend Trackers.
The planning horizon of year 2045 was established with consideration of state and federal requirements, as well as direction received from the Commonwealth Transportation Board.
The Virginia Code requires “at least a 20-year planning horizon” (VA Code § 33.2-353) for the statewide transportation plan. The code of federal regulations also requires “a minimum 20-year forecast period” (23 CFR § 450.216) at the time of the plan adoption.
In December 2018, CTB directed OIPI to:
In January 2020, CTB directed OIPI to develop scenarios to assess the impacts of divergent trends to identify Long-term Needs.
In July 2020, OIPI presented a framework for the development of VTrans Long-term Needs to the CTB.
In March 2021, CTB reaffirmed that direction provided in January 2020 to “……develop VTrans Strategic Actions to advance the Board’s Vision and Goals adopted on January 15, 2020 by providing policy- and program-specific recommendations to address the identified and prioritized VTrans Mid-term Needs, as well as to address the VTrans Long-term Needs identified based on divergent future trends and a vulnerability assessment per the policy framework presented to the Board on July 14, 2020. “
In December 2021, the Commonwealth Transportation Board (CTB) adopted the Policy for Development and Monitoring of VTrans Risk & Opportunity Register. OIPI will provide an annual update on the identified risks and opportunities.
What will the development of the long-term risk and opportunity register lead to?
Long-term risk and opportunities draw from emerging transportation issues that could affect our ability to meet the CTB’s Vision, Goals and Objectives. They are used to develop Strategic Actions and monitoring activities. Some items require immediate action or preparation for near-term action whereas others may just need to be monitored until they solidify. The long-term risk and opportunity register also provide tools, methods, and techniques for local jurisdictions, MPOs, PDCs, and other stakeholders for awareness and to improve collective preparedness.
How does the Policy for the Development and Monitoring of the VTrans Long-term Risk & Opportunity Register benefit local jurisdictions, MPOs, PDCs, and other jurisdictions?
The Policy for the Development and Monitoring of the VTrans Long-term Risk & Opportunity Register establishes a business process that allows Virginia's surface transportation agencies to be in better position to mitigate risks and accentuate opportunities for the benefit of all stakeholders. Identified risks and opportunities also remain relevant to local jurisdictions, MPOs, PDCs, and other entities. Available data and information can help inform local and regional decision-making. Please utilize InteractVTrans DataExplorer to view and download jurisdiction-specific data. Finally, the Office of Intermodal Planning and Investment (OIPI) Growth and Accessbility Planning (GAP) Technical Assisstance Program emerging trends.
How are 'Megatrends' and 'Macrotrends' defined in the long-term risk and opportunity register?
A Megatrend is defined as "a large, social, economic, political, environmental or technological change that is slow to form. Once in place, megatrends influence a wide range of activities, processes and perceptions, both in government and in society, possibly for decades. They are the underlying forces that drive trends.”
A Macrotrend is defined as "an emerging pattern of change likely to impact state government and require a response. More than one macrotrend can be associated with a megatrend."
The long-term transportation risk & opportunity register identifies four Megatrends (Climate, Technological Advancements, Consumption Patterns, and Socio-Demographic Changes) which each have assoicated macrotrends.
What is the difference between trends and scenarios?
The Policy for the Development and Monitoring of the VTrans Long-term Risk & Opportunity Register identifies trends as external pressures that directly or indirectly impact Virginia's transportation system in the long-term (20+ years). Given a long planning horizon, there are many uncertainties which are captured as part of scenarios. Using scenarios will help to see a range of different possibilities to inform the VTrans Risk and Opportunity Register.
Will COVID-19 change your approach?
The many changes that have been made in response to the coronavirus pandemic have affected all aspects of the transportation system, including transportation demand, safety, mode choice, and even funding. In many respects, we see some of these changes as an acceleration of trends that were already developing. For example, while teleworking increased rapidly and has remained popular over the past year, telework in general was already on the rise. Other changes may be temporary in nature and we don't want to lose sight of long-term issues.
What types of “Vulnerabilities” were assessed for Macrotrend #1: Increase in Flooding Risk?
The VTrans Vulnerability Assessment is a screening-level analysis of the vulnerability of Virginia’s transportation system to current and future flood hazards by focusing on vulnerabilities from sea level rise, storm surge, and inland/riverine flooding.
What method was used to identify locations vulnerable to flooding for Macrotrend #1: Increase in Flooding Risk?
The indicator-based approach is based on the FHWA Vulnerability Assessment Scoring Tool (VAST) This approach uses data on asset location and other key attributes as indicators of each of the three components of vulnerability:
For more information, including data sources and technical methods, please review the Technical Guide: Development and Monitoring of VTrans Long-term Risk and Opportunity Register available here.
What is the scope and limitations of the VTrans Vulnerability Assessment undertaken for Macrotrend #1: Increase in Flooding Risk?
This is a screening-level assessment of the vulnerability of Virginia’s transportation system, more specifically all public roadways and VDOT-maintained structures (bridges and culverts) covered in the National Bridge Inventory (NBI), to projected sea level rise, storm surge, and inland/riverine flooding scenarios. The VTrans Vulnerability Assessment is not intended to be used to develop location-specific recommendations for the following reasons: