BENEFIT-COST ANALYSIS OF TRANSPORTATION RESEARCH PROJECTS. FINAL REPORT

This research report addresses the issues of evaluation of completed research projects and develops an evaluation methodology, system and computer application program based on benefit-cost analysis and multi-objective analysis techniques. The research project was conducted in four phases: a review of current and recent Ohio Department of Transportation (ODOT) research projects, a review of current ODOT evaluation techniques, a literature survey and a questionnaire survey of best current practices and techniques, and development of a research project evaluation methodology and system. The final evaluation tool consists of four sections. The basic project information is recorded and keyed on the project number. The project evaluation is conducted in two categories - technical and performance. Within the technical evaluation two approaches are utilized - quantitative benefit-cost analysis and qualitative multi-objective ratings. The performance evaluation is also a qualitative multi-objective rating system.

  • Corporate Authors:

    Case Western Reserve University

    Department of Civil Engineering, 10900 Euclid Avenue
    Cleveland, OH  United States  44106-7201

    Ohio Department of Transportation

    25 South Front Street
    Columbus, OH  United States  43215

    Federal Highway Administration

    1200 New Jersey Avenue, SE
    Washington, DC  United States  20590
  • Authors:
    • Tavakoli, A
    • Collyard, C S
  • Publication Date: 1991-12

Language

  • English

Media Info

  • Features: Appendices; Figures; References; Tables;
  • Pagination: 197 p.

Subject/Index Terms

Filing Info

  • Accession Number: 00624986
  • Record Type: Publication
  • Report/Paper Numbers: FHWA/OH-92/003
  • Contract Numbers: State Job 14481(0)
  • Files: TRIS, USDOT, STATEDOT
  • Created Date: Sep 24 1993 12:00AM