SYSTEM OF KEY PERFORMANCE INDICATORS FOR MONITORING THE EFFECTIVENESS OF URBAN PUBLIC TRANSPORT

This article presents a systematic framework of metrics intended to evaluate the fundamental operational activities of urban public transport operators. The indicators include operational, financial, qualitative, safety, environmental, technological, and social aspects. Additionally, the paper presents comprehensive algorithms for calculating and monitoring these metrics on an ongoing basis. An essential component of the suggested methodology is the selection of indicators that conform rigorously to SMART criteria: specific, measurable, achievable, relevant, and time-bound. The analysis encompasses critical elements, including passenger flow on routes, timetable compliance, ticket and subscription revenue, profit per passenger, subsidies, passengers’ and employees’ satisfaction levels, and environmental and technical advancements. This article presents a systematic approach for accurately measuring and interpreting key variables based on a thorough examination. The established set of key performance indicators provides a foundation for transport operators, facilitating efficient management, resource optimization, improved customer satisfaction, and financial sustainability. This paper also examines the potential for integrating mobile and intelligent transportation technology, highlighting the need for personnel training to attain sustained operational excellence. The paper concludes with advice for adopting innovative solutions and sustainable practices to promote the future prosperity of transport operators. The results have been verified within the operating framework of “Municipal Transport Ruse” Ltd.