1. Report No.

2. Government Accession No.

3. Recipient's Catalog No.

4. Title and Subtitle

Transportation Systems Management and Operations Benefit-Cost Analysis Compendium

5. Report Date

July 2015

6. Performing Organization Code

7. Author(s)

Michael Lawrence, Paul Nguyen, Jonathan Skolnick (Jack Faucett Associates) Jennifer Symoun (Leidos), Jim Hunt, Roemer Alfelor (FHWA)

8. Performing Organization Report No.

9. Performing Organization Name and Address

Leidos
11251 Roger Bacon Dr.
Reston, VA 20190

Jack Faucett Associates
4915 St. Elmo Ave, Suite 205
Bethesda, Maryland 20814

10. Work Unit No. (TRAIS)

11. Contract or Grant No.

DTFH61-12-D-00050

12. Sponsoring Agency Name and Address

United States Department of Transportation
Federal Highway Administration
1200 New Jersey Avenue, SE
Washington, DC 20590

13. Type of Report and Period Covered

14. Sponsoring Agency Code

HOP

15. Supplementary Notes

FHWA COTM, James Hunt

16. Abstract

The Transportation Systems Management and Operations (TSMO) Benefit Cost Compendium is a continuation of the series of reference documents and tools developed by the Federal Highway Administration (FHWA) Office of Operations designed to assist planners and operations professionals in evaluating the benefits and costs of Transportation Systems Management and Operations (TSMO) strategies and technologies. The TSMO Compendium is a collection of cases from across the country where benefit-cost analysis (BCA) has been applied to a specific TSMO technology/strategy or group. These actual project evaluations demonstrate the use of custom spreadsheet analysis developed by the agency or its contractors or the application of available software tools to conduct the BCA. The Compendium also includes hypothetical cases designed to demonstrate how BCA can be used for a specific TSMO technology/strategy or group. FHWA has developed a sketch planning BCA tool, called the Tool for Operations Benefit-Cost Analysis (TOPS-BC), for application to TSMO projects. For the hypothetical cases TOPS-BC is used to assist in the measurement of benefits and costs and in the calculation of the benefit-cost ratio. Each case demonstrates how planners have or could in the future conduct a BCA on one or more TSMO technologies or strategies. There are over two dozen cases presented in the Compendium and they cover a wide range of TSMO technologies and strategies where each case addresses one or more specific issues or procedures.

17. Key Words

TSMO, transportation systems management and operations, transportation operations, strategies, benefit-cost analysis, TOPS-BC, Tool for Operations Benefit-Cost Analysis, economic analysis tools

18. Distribution Statement

No restrictions.

19. Security Classification (of this report)

Unclassified

20. Security Classification (of this page)

Unclassified

21. No of Pages

232

22. Price

N/A