Guide for Determining the Return on Investment for using 3D Engineered Models in Highway Construction - Summer 2017
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2017-06-01
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Abstract:Today more than ever, government decision makers are required to optimize limited resources while responding to ever-increasing demands for improved performance and new technology. These competing demands create close scrutiny of new technology investments, such as the use of 3D engineered models. Additionally, these demands create a unique opportunity to evaluate how the benefits of these investments permeate across the enterprise as opposed to just providing benefits to the business silos, e.g., bridge or construction. A return on investment (ROI) process provides decision makers with a transparent, data-driven decision support tool that guides investments in the most urgent and most valuable initiatives that generate the quickest positive return. This guide provides an ROI process that State Transportation Agencies (STAs) can use to assess implementing 3D engineered models in their project delivery process. Further, this guide discusses how to accelerate benefit capture through deliberate organizational improvements.
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