Quantifying economic benefits for rail infrastructure projects.

Long, Suzanna; Qin, Ruwen; Betak, John; Ojha, Akhilesh; Myers, John; Missouri University of Science and Technology. Dept. of Engineering Management and Systems Engineering

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Quantifying economic benefits for rail infrastructure projects.

2014-10-01
By Long, Suzanna ; Qin, Ruwen ; Betak, John ; ...

[PDF-3.05 MB]

English

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Creators:

Long, Suzanna ; Qin, Ruwen ; Betak, John ; Ojha, Akhilesh ; Myers, John

Long, Suzanna ; Qin, Ruwen ; Betak, John ; Ojha, Akhilesh ; Myers, John Less -
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:

[+]

Construction Projects Economic Benefits Economic Development Infrastructure Methodology Metrics (Quantitative Assessment) Railroads Stakeholders Strategic Planning
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
Collection(s):

US Transportation Collection
Main Document Checksum:

[+]

urn:sha256:a9c5cf70072ec258774ae998fc05b425e11251d2d285894a87e2478fcd466e1a
Download URL:

https://rosap.ntl.bts.gov/view/dot/28432/dot_28432_DS1.pdf
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Quantifying economic benefits for rail infrastructure projects.

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