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Operations News - DetailsFHWA Operations Benefit/Cost Analysis Desk Reference: Conducting Benefit/Cost Analysis of Strategies Impacting Non-Typical Traffic Conditions This brief describes how benefit-cost analyses methodologies can be improved to assess the benefits of operations strategies specifically targeted at improving travel during non-typical conditions. These non-typical conditions occur as a result of non-recurring traffic incidents, inclement weather conditions, or periods of high demand. Since a disproportionate amount of the expected benefits of these strategies are incurred during non-typical conditions, the use of conventional analysis methods focused solely on typical recurring conditions will often result in the severe underestimation of potential benefits.
URL: http://www.ops.fhwa.dot.gov/publications/fhwahop13005/index.htm |
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