Budgetary Plans and Allocations

Budgetary Plans and Allocations

The budget is designed to improve the safety and resilience of the Amtrak train network. The need to repair the railroads is urgent to minimize the threats that the damages present. Repairs to the railroads are critical and currently represent a significant backlog. At least $60.2 billion worth of projects are still incomplete. Most of these incomplete projects are in the Northeastern corridor (Lazo, Still, & Karklis, 2021). In addition to these incomplete projects, there is a need to replace the Potomac and Baltimore tunnels. The addition of extra tunnels at the Hudson River is also important in providing alternative routes for the train network. These should allow the Amtrak network management to address other repairs without disrupting the flow of goods and people. The train network will successfully support the movement of passengers and goods without causing any negative effects that could affect economic efficiency.

The improvement of communication networks and training of staff members is necessary to fill the gap that occurs due to the expensive, laborious, and time-consuming effort of fixing security apparatus. Empowering employees with skills and knowledge to handle and be ready for security threats or proactively avoid them is critical in reducing the vulnerabilities. In addition, communication systems are critical for keeping all nodes’ employees informed about current occurrences (Wang, Xue, Zhao, & Wang, 2018). The proposed budget is expected to ensure that the rail network is efficient, easy to access and use, safe for users, and resilient. The minimization of vulnerabilities and threats is important in reducing the interruptions of the rail network and other dependent transport systems.

References

Lazo, L., Still, A., & Karklis, L. (2021). Amtrak is a top travel choice in the Northeast. With an ally in the White House, it wants trains in the rest of America. The Washington Post.

Wang, L., Xue, X., Zhao, Z., & Wang, Z. (2018). The Impacts of Transportation Infrastructure on Sustainable Development: Emerging Trends and Challenges. Int J Environ Res Public Health., 15(6). https://doi.org/10.3390/ijerph15061172

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Budgetary Plans and Allocations

Part 1

In a 2-page paper with a diagram, deliver an analysis of the threats, consequences, and likelihoods you must consider to assess risks in your chosen sector of Transportation Network to your asset and/or links. Be concise yet comprehensive.

The following elements should be included in your paper:

-Consider and describe the threats that might impact each node or type of node.
Links may be critical, too, but absorb these when considering threats to your nodes. For example, if a road links 2 power production facilities, and its impassibility in the winter means employees do not make it to work, you should simply cast this threat in terms of how it impacts the node. In other words, there is a threat of employees not reporting to work because of the remoteness of the facility and routinely impassable roads.
-Every node should have multiple potential threats, and these should be realistic and fully described.
-Do not choose obscure or extremely unlikely threats, or you will find that infinite possibilities exist.
-You must use professional and governmental sources to help identify realistic threats.
Consider and list the potential consequences each of these threats might produce.

Part 2

Write a 1-page paper on how you would allocate a year’s budget to the assets in your network. Include at least three assets, determine a budget that is realistic for your network, and be specific about how much of it you would allocate to each asset and how it would be used. Also, explain what strategy or methodology you used to determine your allocation.