A practical system for setting the priorities of highway projects for the California Department of Transportation has been developed. This includes formula and rating instructions for getting priorities based on project merits for 12 of the 15 highway capital-outlay programs and guidelines for the remaining three maintenance programs. The general techniques for rating projects consists of calculating a benfit/cost ratio or a cost-effectiveness index represents the benefits of the project, measured either in dollars or in weighted rating scales; the denominator is the project cost. This ratio or index is then used to rank projects within each program area. The project ranking is then subject to technical, financial, legal, scheduling, and political considerations that are not addressed by the formula. This priority-setting system, which has been used for a year with only minor adjustments to formulas and weights, is a major step toward rational spending of highway monies that are projected to cover only 25 percent of the anticipated need for improvement over the next six years. (Author)

Media Info

  • Pagination: p. 14-16
  • Monograph Title: Program planning, finance and preconstruction management
  • Serial:

Subject/Index Terms

Filing Info

  • Accession Number: 00319141
  • Record Type: Publication
  • ISBN: 0309030501
  • Files: TRIS, TRB
  • Created Date: Oct 27 1980 12:00AM