Reviewing the benefits: post completion evaluation in planning and practice
In recent years, VicRoads has developed the VicRoads Investment Evaluation Framework to provide a consistent approach to planning, undertaking and delivering post completion evaluations. WSP has been involved in VicRoads’ journey to transform evaluations by assisting VicRoads during the development stage of the Investment Evaluation Framework (the Framework); and completing full and partial post completion evaluations using the Framework. This conference paper discusses the importance of completing the investment cycle by reviewing and learning from completed projects; the development and key components of the Framework; and the experience and learnings gained so far from undertaking post completion evaluations. Undertaking post completion evaluations has been shown to be useful to assist with learning and improving, though there are still some limitations and challenges. The results and benefits of undertaking post completion evaluations will continue to improve over time through training and learning, and as it becomes imbedded into the everyday practice of VicRoads projects and programs.
- Record URL:
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Authors:
- Lowe, S
- Lall, R
- Narayan, S
- Conference:
- Publication Date: 2017-8
Language
- English
Media Info
- Pagination: 10p
- Monograph Title: AITPM National Traffic and Transport Conference, 15-18 August 2017, Melbourne
Subject/Index Terms
- TRT Terms: Administration; Benefit cost analysis; Evaluation; Investments; Project management; Transportation departments
- Uncontrolled Terms: Policy and planning
- Geographic Terms: Australia; Victoria
- ATRI Terms: Cost benefit analysis; Investment; Project evaluation; Transport authority
- ITRD Terms: 253: Transport authority
- Subject Areas: Administration and Management; I10: Economics and Administration;
Filing Info
- Accession Number: 01664006
- Record Type: Publication
- Source Agency: ARRB
- Files: ITRD, ATRI
- Created Date: Mar 22 2018 12:28PM