Quick Response: Quantification of Research Benefits

Quantifying research benefits and evaluating economic effectiveness of research projects are becoming increasingly important to agencies. The six States comprising the New England Transportation Consortium (NETC) were interested in developing a consistent way to evaluate and quantify the monetary benefits from research projects. This report documents the development of a research benefit quantitation tool for the NETC. The results are a five-step process of research benefit quantitation and a companion Excel-based tool for performing the calculation. The tool will help the NETC in evaluating and financially justifying its research projects.

Language

  • English

Media Info

  • Media Type: Digital/other
  • Edition: Final Report
  • Features: Appendices; Figures; References; Tables;
  • Pagination: 79p

Subject/Index Terms

Filing Info

  • Accession Number: 01698476
  • Record Type: Publication
  • Report/Paper Numbers: NETC QR17-2, NETCR113
  • Files: TRIS, ATRI, USDOT
  • Created Date: Feb 21 2019 11:29AM