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OTREC-TT-480

eBook (PDF), 56 Pages
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How can public entities make sustainable transportation decisions? After providing a context for transportation evaluation, this report outlines a three-part process: framework, measurement, and decision-making. Various methods for aggregating measurements are summarized: benefit-cost analysis (BCA), least-cost planning (LCP), multi-attribute utility analysis (MUA), etc. The authors recommend a pragmatic triple-bottom-line TBL framework based on a set of general principles: (1) Reflect values, goals and objectives; (2) Quantify direct costs and benefits; (3) Identify other major costs and benefits; (4) Identify who benefits and who pays; (5) Develop rough estimates, but highlight uncertainties; (6) Help policymakers to balance priorities; (7) Integrate TBL methods into decision-making; and (8) Monitor outcomes. The report concludes that TBL is a good framework for evaluating transportation investments and should be incorporated into all phases of decision-making.
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Product Details

Published
June 6, 2014
Language
English
Pages
56
File Format
PDF
File Size
3.13 MB

Formats for this Ebook

PDF
Required Software Any PDF Reader, Apple Preview
Supported Devices Windows PC/PocketPC, Mac OS, Linux OS, Apple iPhone/iPod Touch... (See More)
# of Devices Unlimited
Flowing Text / Pages Pages
Printable? Yes
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