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Medium-Range Needs

Also referred to as mid-range needs or mid-term needs.

The future events, such as capital projects, that fit between the immediate, short-range needs and the long-range needs along a planning horizon.

Typically considered to cover the period that is 5-25 years from the current year.


Attributes
Listed below are some of the key attributes of medium-range needs:

  • The mid-range needs have moderate, manageable proximity to the base year.
  • Depending on the size of the projects and the current funding level, linear funding trajectories may be sufficient.
The three stage elements of a planning horizon: a) short-term needs; b) mid-range needs and c) long-range needs.
Fig. The three stages of a planning horizon: a) short-term needs; b) mid-range needs (shown in red) and c) long-range needs.

See also:


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