Activities
Individual tasks usually with a short time frame.

Objective
Statement of aim or purpose. (This includes the NZTS objectives).

Initiative
Statements describing the types of actions required to achieve the interventions.
Intervention: This is not specifically defined in the Public Finance Act. Interventions include legislation, policies, transfers, programmes and service delivery arrangements.

Outcome A state or condition of society, the economy or the environment and includes a change in that state or condition.

Risk Management
The culture, processes and structures that are directed towards the continuous management of both opportunities and adverse effects impacting on the business.

Strategy
Long-term direction and scope of the organisation. A high level statement expressing in broad terms the direction the organisation should be taking in order to achieve the results sought.

National Land Transport Programme (NLTP)
The mechanism through which Land Transport New Zealand allocates funds to approved organisations for land transport infrastructure and services.

National Land Transport Fund (NLTF)
The primary source of funding for state highway improvement and management projects, allocated by Land Transport New Zealand through the National Land Transport Programme (NLTP).

Sustainability
Sustainability is defined as 'development that meets the needs of the present without compromising the ability of future generations to meet their own needs.' (The Brundtland Report, Our Common Future, 1987)


<< Previous | Contents | Next >>



Download the full document: