Decision Making in the Field of Transport Investments
Author : Veli Himanen
Publisher :
Page : 44 pages
File Size : 15,35 MB
Release : 1990
Category : Transportation
ISBN :
Author : Veli Himanen
Publisher :
Page : 44 pages
File Size : 15,35 MB
Release : 1990
Category : Transportation
ISBN :
Author : Joseph Berechman
Publisher : Springer
Page : 202 pages
File Size : 26,85 MB
Release : 2018-04-13
Category : Business & Economics
ISBN : 3319746065
This book explores the various economic and institutional factors that explain why huge investments are made in unworthy transportation mega-projects in the US and other countries. It is based on research, the general literature, economic analyses, and results from a specifically collected database showing that a significant proportion of implemented mega-projects have been found to be inferior ex-ante or incapable of delivering the returns they promised ex-post. Transportation infrastructure and other public investments of a similar scope (“mega-projects”) reflect public sector priorities and objectives, non-pecuniary as well as financial constraints, and a range of decision-making processes. This book describes how decisions made in the public sector with respect to transportation infrastructure investments are affected by the large populations and territories they serve, the estimation of the substantial opportunity costs they entail, the formal procedures instituted for quantitatively appraising projected outcomes and monetary returns, and the political environment in which these decisions are made.
Author : Kumares C. Sinha
Publisher : John Wiley & Sons
Page : 576 pages
File Size : 36,4 MB
Release : 2011-09-09
Category : Technology & Engineering
ISBN : 1118169662
This pioneering text provides a holistic approach to decisionmaking in transportation project development and programming, whichcan help transportation professionals to optimize their investmentchoices. The authors present a proven set of methodologies forevaluating transportation projects that ensures that all costs andimpacts are taken into consideration. The text's logical organization gets readers started with asolid foundation in basic principles and then progressively buildson that foundation. Topics covered include: Developing performance measures for evaluation, estimatingtravel demand, and costing transportation projects Performing an economic efficiency evaluation that accounts forsuch factors as travel time, safety, and vehicle operatingcosts Evaluating a project's impact on economic development and landuse as well as its impact on society and culture Assessing a project's environmental impact, including airquality, noise, ecology, water resources, and aesthetics Evaluating alternative projects on the basis of multipleperformance criteria Programming transportation investments so that resources can beoptimally allocated to meet facility-specific and system-widegoals Each chapter begins with basic definitions and concepts followedby a methodology for impact assessment. Relevant legislation isdiscussed and available software for performing evaluations ispresented. At the end of each chapter, readers are providedresources for detailed investigation of particular topics. Theseinclude Internet sites and publications of international anddomestic agencies and research institutions. The authors alsoprovide a companion Web site that offers updates, data foranalysis, and case histories of project evaluation and decisionmaking. Given that billions of dollars are spent each year ontransportation systems in the United States alone, and that thereis a need for thorough and rational evaluation and decision makingfor cost-effective system preservation and improvement, this textshould be on the desks of all transportation planners, engineers,and educators. With exercises in every chapter, this text is anideal coursebook for the subject of transportation systems analysisand evaluation.
Author : AA. VV.
Publisher : FrancoAngeli
Page : 358 pages
File Size : 21,91 MB
Release : 2020-06-19T00:00:00+02:00
Category : Business & Economics
ISBN : 8835102561
380.401
Author :
Publisher : DIANE Publishing
Page : 42 pages
File Size : 41,13 MB
Release : 2000
Category : Transportation
ISBN : 1428962255
Author : European Conference of Ministers of Transport
Publisher : OECD Publishing
Page : 235 pages
File Size : 38,77 MB
Release : 2004-03-10
Category :
ISBN : 9282113132
This report makes recommendations for good practice bringing the results of economic appraisals and environmental assessments before decision makers in the transport sector on the basis of reviews of recent experience in infrastructure planning and policy development in seven countries.
Author :
Publisher :
Page : 44 pages
File Size : 29,7 MB
Release : 2000
Category : Transportation
ISBN :
Author : Bei Zhou
Publisher :
Page : 0 pages
File Size : 24,36 MB
Release : 2012
Category :
ISBN :
Author : United States. General Accounting Office
Publisher : DIANE Publishing
Page : 59 pages
File Size : 17,67 MB
Release : 2004
Category : Federal aid to transportation
ISBN : 1428938273
Report provides information about the processes that state and regional transportation decisionmakers use to analyze and select transportation infrastructure investments.
Author : Joseph Berechman
Publisher : Routledge
Page : 514 pages
File Size : 20,4 MB
Release : 2010-05-26
Category : Business & Economics
ISBN : 1135214077
Throughout the world, the use of some kind of a formal transportation project evaluation procedure is a requirement. Yet, by and large, these are partial; in fact, much weight is often placed on the initial -pre-engineering -phases of the planning process, when vital information, such as accurate costs and demand projections, is largely missing. Moreover, many of these procedures neglect to consider key issues such as project’s risks, capital costs financing, latent demand, market imperfections, labor force availability and various incompatibilities between trip rates, travel times and activity location. As a result, projects, which are judged as viable under such deficient evaluation schemes, may have had a significantly different projection of capital costs and demand should a well-founded, thorough, and efficient evaluation process be used. Against this background, this book’s main objective is to construct a comprehensive and methodical economic, planning and decision-making framework for the evaluation of proposed transportation infrastructure investment projects. Such a framework is founded on four key principles. It is based on well-established economic, transportation and policy-analysis theoretical principles; it is comprehensive enough to encompass all relevant evaluation issues; it is applicable to a wide range of transportation investment projects; and it is amenable to empirical application including a sensitivity analysis and alternative scenarios regarding urban, regional and national developments.