Benefits of Transportation Research in Utah
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2020-05-01
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Edition:Final Report - June 2016 to May 2020
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Abstract:This study was initiated to estimate the benefits of Utah Department of Transportation's (UDOT's) research projects over a four-year period, and estimate a benefit-cost ratio for the program. Benefit information gathered in this study indicates that the studies completed during the years 2013 through 2016 by the UDOT research program had an estimated benefit-cost ratio of 19. This included deliverables produced by 63 projects. Each project was also given a grade based on the success of the project and the value of the deliverables. The four-year program received an average grade of 3.1, or a "B" grade based on a 1 to 4 rating system. The Utah Transportation Research Advisory Council (UTRAC) Process used to select projects for funding received very positive feedback. Recommendations were provided to aid UDOT research project managers in improving the implementation of research deliverables and products. Measuring the benefits of transportation research investments is important to justify the expenditure of research funding and to maintain the support of management. Understanding the benefits of research can better establish how future available funds are utilized and maximize how the funding is allocated. A process was developed and outlined for use by the UDOT Research and Innovation Division to gather benefit information related to research projects on an annual basis.
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Main Document Checksum:urn:sha-512:19a13c2518f57996768745af92d99c2cc0c366fa4cacc90654ea2ebf367242cc934ddb321316359832303696677a2064df2c0a7957aa2a71f5a39872ed0f5880