Quantifying economic benefits for rail infrastructure projects.

Details

• Creators:
  Long, Suzanna ; Qin, Ruwen ; Betak, John ; Ojha, Akhilesh ; Myers, John
• Corporate Creators:
  Missouri University of Science and Technology. Dept. of Engineering Management and Systems Engineering
• Corporate Contributors:
  United States. Federal Highway Administration
• Subject/TRT Terms:
  • Railroads
  • Infrastructure
  • Economic development
  • Stakeholders
  • Economic benefits
  • Methodology
  • Construction projects
  • Strategic planning
  • Metrics (Quantitative assessment)
• Publication/ Report Number:
  cmr15-004
• Resource Type:
  Tech Report
• Geographical Coverage:
  Missouri
• Corporate Publisher:
  Missouri. Dept. of Transportation. Research, Development and Technology Division
• Abstract:
  This project identifies metrics for measuring the benefit of rail infrastructure projects for key ; stakeholders. It is important that stakeholders with an interest in community economic development play an active ; role in the development of the rail network. Economic development activities in both rural and urban settings are ; essential if a nation is to realize growth and prosperity. Many communities have developed goals and visions to ; establish an economic development program, but they often fail to achieve their goals due to uncertainties during the ; project selection and planning process. Communities often select a project from a vast pool of ideas with only limited ; capital available for investment. Selecting the right project at the right time becomes imperative for economic and ; community development. This process is significantly hampered by limited methods for quantifying the economic ; benefit to key stakeholders. Four methodologies are used in this project to determine the most useful tools for ; quantifying benefit given the availability of data, relevant expertise, and other information.
• Format:
  PDF
• Funding:
  TR201410
• Download URL:
  https://rosap.ntl.bts.gov/view/dot/28432/dot_28432_DS1.pdf
• File Type:
  [PDF - 3.05 MB]
• Collection(s):
  US Transportation Collection
• Main Document Checksum:
  urn:sha-512:9486ba53373ee22eab3154d23747df2c44058bd42453c666ec0c2e90db573c43a52ed733ad584ee6d5031b849e1b4e973194d06c36468b7f16f15f4e949a56d8