Integrating Operations into Planning and Programming

Communicating TSMO

Analysis and Performance Measurement

Regional Collaboration and Coordination

Organizing for Operations

Mainstreaming TSMO

Transportation Systems Management and Operations (TSMO) Plans

Congestion Management Process (CMP)

How Does TSMO Relate To ...

All Resources

Resource Type

Resources Helpful to ...

Policy and Regulations

Performance-Based Planning

Designing for Operations

Regional ITS Architecture and ITS Strategic Plans

Systems Engineering and ITS Project Development

Livability and Sustainability

Traffic Signal Programs

Corridor Management

Active Transportation and Demand Management

Transportation Demand Management

Traffic Incident Management

Reliability

Capacity

Benefit-Cost Analysis

Benefit-cost analysis is a systematic process for calculating and comparing benefits and costs of a project to 1) determine if it is a sound investment and 2) see how it compares with alternate projects. Benefit-cost analysis determines the value of a project by dividing the incremental monetized benefits related to a project by the incremental costs of that project. In the objectives-driven, performance-based approach to planning for operations, benefit-cost analysis can be used to screen and identify management and operations (M&O) projects or strategies that meet operations objectives. It can also be used to support inclusion and prioritization of M&O strategies in the transportation plan and metropolitan/State transportation improvement program (S/TIP). Finally, benefit-cost analysis can support monitoring and feedback needs within the planning cycle by allowing for the assessment of deployed strategies.

OTHER RESOURCES

  • Road Weather Benefit Cost Analysis Compendium (HTML, PDF 3.4MB)
  • Transportation Systems Management and Operations Benefit-Cost Analysis Compendium (HTML, PDF 4MB)
  • Operations Benefit/Cost Analysis Desk Reference (HTML, PDF 4.3MB)
  • FHWA Operations Benefit/Cost analysis Desk Reference Flyers:
    • Real-World Examples of Operations Benefit Cost Analysis (HTML, PDF 610KB)
    • Conducting Benefit/Cost Analysis of Strategies Impacting Non-Typical Traffic Conditions (HTML, PDF 244KB)
    • Providing Guidance to Practitioners in the Analysis of Benefits and Costs of Management and Operations Projects (HTML, PDF 1.1MB)
    • Road Weather Management: Benefit Cost Analysis of Road Weather Connected Vehicle Applications (HTML, PDF 300KB)
    • Road Weather Management: Principles and Examples of Benefit-Cost Analysis for Road Weather Management (HTML, PDF 273KB)
    • Road Weather Management: Conducting Benefit Cost Analysis of Road Weather Management Strategies (HTML, PDF 399KB)
    • Fundamentals of Benefit-Cost Analysis for Transportation Systems Management and Operations (HTML, PDF 253KB)
    • Providing Case Studies for Practitioners in the Use of Benefit-Cost Analysis for Management and Operations Projects and Strategies (HTML, PDF 261KB)
    • Use of Archived Operations Data in Planning and Benefit Cost Analysis (HTML, PDF196KB)
  • U.S. DOT ITS Knowledge Resources Benefits and Costs Database
  • Tool for Operations Benefit Cost Analysis (TOPS-BC)
  • TSMO Benefits at a Glance (HTML, PDF 330 KB)
  • TSMO: Getting More from Our Existing System Infographic