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Development of a Performance Measurement Based Methodology to Objectively Compare Operational Improvements with Capacity Additions

Project Summary

This project will produce a performance-based methodology and user-friendly spreadsheet-based tool for straightforward and equitable comparison of benefits (and costs) across any set of operational improvements and capacity expansion projects that district offices may be considering. Recognizing that congestion, safety, economic opportunity, asset valuation and emissions levels are key measures of project success, the tool will emphasize multi-criteria evaluation for project scores and ranks. Performance scores, based on time savings, travel time, reliability, safety improvement, emissions reductions, land appreciation, pavement quality, and other features of the enhanced network-vis-a-vis project costs, over the project's lifetime-will highlight opportunities for optimal investment decisions, as well as project limitations that may require remedy.

Project Number

0-6487

Status

Completed

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Project Details

Start Date

9/1/2009

End Date

8/31/2011

Performing Institution(s)

Center for Transportation Research (CTR); Texas A&M University-Kingsville (TAMUK)

Research Team

RS: Kara Kockelman

Sponsor

Publications from this Project

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Index Terms

Asset management
Benefit cost analysis
Economic development
Performance measurement
Pollutants
Project management
Traffic congestion
Traffic safety
Travel time

Lead University

CTR

Researcher

Kockelman, Kara

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Record Added:

3/20/2015

Record Updated:

7/28/2023 5:31 AM EDT

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