Transportation Decision Making Principles of Project Evaluation and Programming

ISBN-10: 0471747327
ISBN-13: 9780471747321
Edition: 2007
List price: $160.00 Buy it from $120.53
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Description: A guide to effective decision making written just for transportation professionals This pioneering text provides a holistic approach to decision making in transportation project development and programming, which can help transportation  More...

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Book details

List price: $160.00
Copyright year: 2007
Publisher: John Wiley & Sons, Incorporated
Publication date: 5/25/2007
Binding: Hardcover
Pages: 576
Size: 8.75" wide x 11.00" long x 1.50" tall
Weight: 3.784
Language: English

A guide to effective decision making written just for transportation professionals This pioneering text provides a holistic approach to decision making in transportation project development and programming, which can help transportation professionals to optimize their investment choices. The authors present a proven set of methodologies for evaluating transportation projects that ensures that all costs and impacts are taken into consideration. The texts logical organization gets readers started with a solid foundation in basic principles and then progressively builds on that foundation. Topics covered include: Developing performance measures for evaluation, estimating travel demand, and costing transportation projects Performing an economic efficiency evaluation that accounts for such factors as travel time, safety, and vehicle operating costs Evaluating a projects impact on economic development and land use as well as its impact on society and culture Assessing a projects environmental impact, including air quality, noise, ecology, water resources, and aesthetics Evaluating alternative projects on the basis of multiple performance criteria Programming transportation investments so that resources can be optimally allocated to meet facility-specific and system-wide goals Each chapter begins with basic definitions and concepts followed by a methodology for impact assessment. Relevant legislation is discussed and available software for performing evaluations is presented. At the end of each chapter, readers are provided resources for detailed investigation of particular topics. These include Internet sites and publications of international and domestic agencies and research institutions. The authors also provide a companion Web site that offers updates, data for analysis, and case histories of project evaluation and decision making. Given that billions of dollars are spent each year on transportation systems in the United States alone, and that there is a need for thorough and rational evaluation and decision making for cost-effective system preservation and improvement, this text should be on the desks of all transportation planners, engineers, and educators. With exercises in every chapter, this text is an ideal coursebook for the subject of transportation systems analysis and evaluation.

Preface
Introductory Concepts in Transportation Decision-Making
General Introduction
Overall Transportation Program Development
Network-level Planning
Project Development
Programming
Budgeting
Financial planning
The Process of Transportation Project Development
TDP Steps.
Federal Legislation that affect the Transportation Development Process
Impacts of Transportation System Stimuli
Types of Transportation Stimuli
Impact Categories and Types
Dimensions of the Evaluation
Other Ways of Categorizing Transportation System Impacts
Categorization on the Basis of Resource Consumption
Categorization on the Basis of Affected Party and Resource Type Consumed
Categorization on the Basis of Other Considerations
Models Associated with Transportation Impact Evaluation
Role of Evaluation In TDP and Basic Elements of Evaluation
Role of Evaluation in TDP
Why Carry out Evaluation?
Goals, Criteria, Impact Types
Procedural Framework for Transportation Systems Evaluation
Identification of Evaluation Subject
Concerns of Decision-makers and Other Stakeholders
Identification of Goals and Objectives of the Transportation Improvement
Establishment of Performance Measures for Assessing the Objectives
Establish Dimensions for the Analysis (Evaluation Scopes)
Recognize Legal and Administrative Requirements
Identify Possible Courses of Action and Develop Feasible Alternatives
Estimation of Agency and User Costs
Estimation of Other Benefits and Costs
The Comparison Process
Good Practices in Evaluation
Continuing and Emerging Trends in Transportation
Operational Accountability of Highway Infrastructure
Integrated Transportation Asset Management
Increased Need to Evaluate Investments on Basis of Risk and Vulnerability Performance
Business-like Approach to Asset Management
Transportation Deregulation
Just-in-Time (JIT) Inventory Systems
Increased Competition
Globalization of Business
Chapter Summary.Exercises
References
Performance Measures in Transportation Evaluation
Introduction
Transportation System Goals, Objectives, and Performance Measures
Performance Measures at Network and Project Levels
How to Select a Good Performance Measure
Dimensions of Performance Measures
Performance Measures Associated With Each Dimension
Overall Goals
System Objectives
Sector Concerns/Interests
Flow Entity
Modal Scope
Transportation Mode
Affected Entity or Stakeholder
Spatial Scope
Agency Responsibility
Time Frame and Level of Refinement
Linking Agency Goals to Performance Measures - State Of Practice
Benefits of Using Performance Measures
Chapter Summary.Exercises
References
Estimating Transportation Demand
Introduction
Transportation Demand
Basic Concepts in Transportation Demand Estimation
Causes of Shifts in the Transportation Demand Curve
Categorization of Demand Estimation Models
Aggregate Methods for Project-level Transportation Demand Estimation
On the basis of Attributes of the Entire Parent Network
On the basis of Facility Attributes Only
General Comments on Demand Estimation Models
Transportation Supply
The Concept of Transportation Supply
Shifts in the Transportation Supply Curve
Equilibration and Dynamics of Transportation Demand and Supply
Demand-Supply Equilibration
Simultaneous Equation Bias in Demand Supply Equilibration
Dynamics of Transportation Demand and Supply
Elasticities of Travel Demand And Supply
Classification of Elasticities by Method of Computation
Classification of Elasticities by Source of Elasticity
Classification of Elasticity by Relative Direction of Response: Direct and Cross

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