Decision Tools for Transportation Infrastructure Reinvestment: User Guidelines for Microcomputer Decision Support System (DSS)
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1988-07-01
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Abstract:This report is intended to improve the quality of decisions about reinvestments, and modest new investments, in highway transportation infrastructure. Decisions of this type comprise the majority of planning actions taken in the field of public sector transportation management. Our aging highway system, faced with changing demands which result from demographic trends and market shifts, stresses the limited resources available for reinvestment. Thus, it is particularly important that economically sound reinvestment choices be made. To improve the quality of such decisions, a microcomputer package has been developed to support the routine use of economic evaluation as a part of the highway reinvestment process. Observation of professional practice, and consultation with a technical advisory panel, suggested that the use of economic evaluation methods is not widespread in the highway transportation field. Among the factors limiting the application of such tools are time pressures on technical professionals, their lack of available data, and in some cases, lack of timely and relevant analysis skills.
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Main Document Checksum:urn:sha-512:2b0e2a41ed497d5105cacb248c58df69f5beb391bef4cad40ea6194e4cd883566af43c8c5cb0d87dd23fb1b22cc7df3d2b3204ba22570e56543fecce889ef791
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