Transportation Project Evaluation Fundamentals

Description:

Given that billions of dollars are spent each year on transportation projects, and that there is a need for thorough and rational evaluation and decision making for cost-effective system preservation and improvement, this course should help the transportation planners, engineers, practitioners, educators, decision makers, stakeholders and all others involved or interested  in transport project development process. With exercises on different aspects of evaluation, this course is an ideal practical guide for the transportation systems analysis and evaluation.

Objective:

  • Provide information on transportation project development process and project evaluation methodology
  • Introduce transportation projects evaluation from different aspects (e.g. general costs, operating costs, travel time, safety, economic efficiency, etc.)
  • Provide opportunities for students to learn fundamentals of transportation evaluation methodology with appropriate examples 

Contents:

  1. Introduction 
  2. Overview of transportation project development process
  3. Role and reasons for transportation projects evaluation
  4. Measures of project's worth
  5. Procedure for transportation system evaluation
  6. Introduction to transpiration demand and supply estimation
  7. Transpiration cost categorization
  8. Evaluation of vehicle operating cots impact
  9. Evaluation of safety impacts
  10. Evaluation of economic efficiency impacts 
  11. Multiple criteria for transportation project evaluation 

Instructor:

Mirsad Kulovic, Ph.D. in transportation engineering, with over 35 years  combined professional (Departments of Transportation) and academic (International Universities) experience in researching and teaching of Transportation Planning, Traffic and Transportation Engineering, Highway Capacity Analysis, Traffic Safety and Accident Reconstruction, Traffic Flow Theory and Transportation Projects Evaluation.

Text-Book: Kumares C. Sinha and Samuel Labi,: Transportation Decision Making, Principles of Project Evaluation and Programming, John Wiley & Sons, Inc., 2007.

Course Length:

6 Hours

Credit Hours

6 Professional Development Hours (PDHs)

0.6 Continuing Education Credits (CEUs)