Elizabeth line benefits framework

[kevin_roche]

I wonder if anyone else has seen this page and the accompanying PDF on the TfL website.

In summary, it details how TfL will work out if it was all worth it!

Why are we managing benefits and evaluating impacts of the Crossrail investment?​

Understanding the benefits and outcomes of Crossrail and the Elizabeth line will enable us to:

• Maximise the return on investment
• Demonstrate value for money
• Learn important lessons

Our approach​

Two exercises will take place:

Benefits management and optimisation​

• Tracking indicators to draw an early picture of how well the railway is performing against our expectations
• Focusing on information needed to take any necessary action to ensure we realise the benefits in full and on time

Evaluation​

• Working with partners to analyse those impacts of the Elizabeth line that will take longer to emerge, such as transport mode shift, economic growth and other social impacts
• Examining the return on investment offered using actual observations of benefits

After spending a lot of pages showing how great it will all be (almost making the point that the result will reach the foregone conclusion), The PDF has details of two studies that will be done:

First post-opening study (2022-2024) - This study will be published around two years after the opening of the Elizabeth line.

Second post-opening study (2024-2027) - These wider economic, social and environmental effects will take longer to emerge and this second study will be published around five years after the opening of the Elizabeth line.

Has anyone seen anything similar for other new developments?

Does all this have to happen before Crossrail 2 can go ahead?

 

[zwk500]

Has anyone seen anything similar for other new developments?

Yes, follow up studies are routine for new lines.

Does all this have to happen before Crossrail 2 can go ahead?

It doesn't have to, but given they share many similar risks and potential benefits, it'd probably make sense to wait and see what any initial findings might say.

 

[stuu]

Has anyone seen anything similar for other new developments?

Highways England or whatever they are called do five year studies after major road improvements, which is also used to improve benchmarking/BCRs for proposed schemes

 

[DarloRich]

Has anyone seen anything similar for other new developments?

This is absolutely standard stuff. Part of every project. it isn't something new or amazing. it is routine.

 

[kevin_roche]

It doesn't have to, but given they share many similar risks and potential benefits, it'd probably make sense to wait and see what any initial findings might say.

I was hoping that once passenger levels into Waterloo had recovered there would be a chance to go ahead with Crossrail 2 soon. It would be great to have more trains from Basingstoke in the morning and avoid the mad scramble for a seat returning. One of the justifications for Crossrail 2 which would benefit people who actually won't be in a position to use it.

 

[zwk500]

I was hoping that once passenger levels into Waterloo had recovered there would be a chance to go ahead with Crossrail 2 soon. It would be great to have more trains from Basingstoke in the morning and avoid the mad scramble for a seat returning. One of the justifications for Crossrail 2 which would benefit people who actually won't be in a position to use it.

Crossrail 2 is going to be politically untouchable for at least 10 years, I'd have thought. It does form a key part of the long-term strategic planning, but those are likely to be reviewed as the long-term patterns post-covid bed in.

 

[Bald Rick]

Barring London finding a hitherto undiscovered oilfield / gold seam buried somewhere within its boundaries, Crossrail 2 is unlikely to be brought out of the Carbon-freeze for at least 5 years. And it will be a long thaw period!