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STC synthesis of best practices for determining value of research results : final report.
  • Published Date:
    2014-01-01
  • Language:
    English
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STC synthesis of best practices for determining value of research results : final report.
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  • Abstract:
    Transportation research projects are aimed at fostering innovation in different areas, such as safety, cost savings, quality, efficiency, project delivery, and policy. Transportation agencies and most notably State Departments of Transportation (State DOTs) sponsor various transportation research projects to improve transportation system features, such as safety and cost effectiveness. Determining the value of transportation research projects is one of the most important tasks towards improving various features of transportation systems, such as safety, quality, and cost effectiveness. However, for many State DOTs, the true impact of transportation research projects on the transportation systems is generally unclear. This is due to the lack of comprehensive and implementable quantitative and qualitative methods for determining the value of transportation research projects. These evaluation methods should go beyond considering the value of research projects in terms of operational costs saving and include value of the research on various impact areas, such as congestion reduction, and accident and fatalities prevention. There is a need for research that identifies the best practices in using proper methods and measures for demonstrating the true value of research projects in terms of various transportation system features, such as safety, quality, and cost effectiveness. The application of these methods and measures requires the identification and collection of relevant data on the benefits resulting from the implementation of research project findings and recommendations. Therefore, there is a need for a synthesis that identifies the best practices for determining value of research results. This synthesis presents the aggregation and summarization of what the State DOTs have done for quantifying the value of research.
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