Transportation Project Evaluation Methods/Approaches

Omid M. Rouhani

MPRA Paper from University Library of Munich, Germany

Abstract: In this paper, I briefly review the key methods to evaluate transportation projects. These methods are: Financial analysis; Cost benefit (economic analysis); Multi-criteria analysis; Cost-effectiveness analysis; Social welfare analysis; and Risk analysis (Monte Carlo simulation). The importance of understanding these methods lies in the fact that transportation projects offer huge social benefits and costs; some are impossible or very complex to measure in monetary terms.

Keywords: Project evaluation methods; Transport projects; Social cost benefit analysis; Multi-criteria analysis; and Social welfare analysis. (search for similar items in EconPapers)
JEL-codes: H43 R42 R58 (search for similar items in EconPapers)
Date: 2019-01-07
New Economics Papers: this item is included in nep-cmp, nep-ppm, nep-rmg and nep-tre
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (2)

Downloads: (external link)
https://mpra.ub.uni-muenchen.de/91451/1/MPRA_paper_91451.pdf original version (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:91451

Access Statistics for this paper

More papers in MPRA Paper from University Library of Munich, Germany Ludwigstraße 33, D-80539 Munich, Germany. Contact information at EDIRC.
Bibliographic data for series maintained by Joachim Winter ().