Quantitative approaches for project prioritization: Case study in puget sound, Washington
ML Outwater, T Adler, J Dumont… - Transportation …, 2012 - journals.sagepub.com
Transportation projects in major metropolitan regions can vary widely in the types of benefits
that they provide and in the scales of those benefits. Travel forecasting models and related
procedures can provide reasonable estimates of those benefits, and many benefits can be
distilled into equivalent monetary benefits by the use of consumer surplus or other valuation
approaches. In theory, those methods could also be used to prioritize projects for funding
consideration. However, an approach that simply chooses projects that provide the greatest …
that they provide and in the scales of those benefits. Travel forecasting models and related
procedures can provide reasonable estimates of those benefits, and many benefits can be
distilled into equivalent monetary benefits by the use of consumer surplus or other valuation
approaches. In theory, those methods could also be used to prioritize projects for funding
consideration. However, an approach that simply chooses projects that provide the greatest …
Quantitative Approaches for Project Prioritization: Case Study in Puget Sound, Washington
T Adler, ML Outwater, J Dumont, M Kitchen, A Bassok - 2012 - trid.trb.org
Transportation projects in major metropolitan regions can vary widely in the types of benefits
that they provide and in the scales of those benefits. Travel forecasting models and related
procedures can provide reasonable estimates of those benefits, and many benefits can be
distilled into equivalent monetary benefits by the use of consumer surplus or other valuation
approaches. In theory, those methods could also be used to prioritize projects for funding
consideration. However, an approach that simply chooses projects that provide the greatest …
that they provide and in the scales of those benefits. Travel forecasting models and related
procedures can provide reasonable estimates of those benefits, and many benefits can be
distilled into equivalent monetary benefits by the use of consumer surplus or other valuation
approaches. In theory, those methods could also be used to prioritize projects for funding
consideration. However, an approach that simply chooses projects that provide the greatest …