Author: Anabel Hernandez
Publisher:
ISBN:
Category : Electronic books
Languages : en
Pages : 180
Book Description
The efficient allocation of funding for transportation projects is crucial for Nevada’s roadway system. Well-established prioritization frameworks are needed in order to accomplish the allocation of funding for projects that will provide the most benefit for its users. In Nevada, the Nevada Department of Transportation’s (NDOT’s) Performance Analysis Division conducts benefit-cost analysis (BCA) on all capacity projects equal to or exceeding $25 million. In recent years NDOT has used the California Life-Cycle Benefit-Cost Analysis Model (Cal-B/C) as part of their prioritization process. The Cal-B/C Model was developed by the California Department of Transportation (Caltrans). The default economic parameters in this model along with the economic parameters assigned by NDOT were used to run analysis on two projects in the state. This was completed to see how suitable Cal-B/C’s parameters would be for use in Nevada since Cal-B/C’s parameters are specific for California. This thesis also provides recommendations on updating the current economic parameters to better model Nevada’s situation since certain parameters assigned by NDOT were still based on California data. Through a review of existing methodologies used across the country new parameter recommendations were made. Furthermore, an investigation of available BCA software was also conducted to determine if other programs apart from Cal-B/C can meet NDOT’s analysis needs. The two projects selected for the case study were then analyzed using Cal-B/C, BCA.net, and the American Association of State Highway and Transportation Officials (AASHTO) Redbook Wizard. The results of the analysis showed that substantial differences in results did exist when the different models were used. Cal-B/C results were the highest followed by BCA.net. The results from the AASHTO Redbook were not favorable in either analysis. The different methodologies used by the software and the level of detailed information can be attributed to the differences in results. NDOT should continue to use Cal-B/C for general transportation projects where localized benefits will be obtained but NDOT should consider using software such as BCA.net and the Surface Transportation Efficiency Analysis Model (STEAM) for projects having regional level impacts.
Benefit-cost Analysis with Nevada Characteristics
Author: Anabel Hernandez
Publisher:
ISBN:
Category : Electronic books
Languages : en
Pages : 180
Book Description
The efficient allocation of funding for transportation projects is crucial for Nevada’s roadway system. Well-established prioritization frameworks are needed in order to accomplish the allocation of funding for projects that will provide the most benefit for its users. In Nevada, the Nevada Department of Transportation’s (NDOT’s) Performance Analysis Division conducts benefit-cost analysis (BCA) on all capacity projects equal to or exceeding $25 million. In recent years NDOT has used the California Life-Cycle Benefit-Cost Analysis Model (Cal-B/C) as part of their prioritization process. The Cal-B/C Model was developed by the California Department of Transportation (Caltrans). The default economic parameters in this model along with the economic parameters assigned by NDOT were used to run analysis on two projects in the state. This was completed to see how suitable Cal-B/C’s parameters would be for use in Nevada since Cal-B/C’s parameters are specific for California. This thesis also provides recommendations on updating the current economic parameters to better model Nevada’s situation since certain parameters assigned by NDOT were still based on California data. Through a review of existing methodologies used across the country new parameter recommendations were made. Furthermore, an investigation of available BCA software was also conducted to determine if other programs apart from Cal-B/C can meet NDOT’s analysis needs. The two projects selected for the case study were then analyzed using Cal-B/C, BCA.net, and the American Association of State Highway and Transportation Officials (AASHTO) Redbook Wizard. The results of the analysis showed that substantial differences in results did exist when the different models were used. Cal-B/C results were the highest followed by BCA.net. The results from the AASHTO Redbook were not favorable in either analysis. The different methodologies used by the software and the level of detailed information can be attributed to the differences in results. NDOT should continue to use Cal-B/C for general transportation projects where localized benefits will be obtained but NDOT should consider using software such as BCA.net and the Surface Transportation Efficiency Analysis Model (STEAM) for projects having regional level impacts.
Publisher:
ISBN:
Category : Electronic books
Languages : en
Pages : 180
Book Description
The efficient allocation of funding for transportation projects is crucial for Nevada’s roadway system. Well-established prioritization frameworks are needed in order to accomplish the allocation of funding for projects that will provide the most benefit for its users. In Nevada, the Nevada Department of Transportation’s (NDOT’s) Performance Analysis Division conducts benefit-cost analysis (BCA) on all capacity projects equal to or exceeding $25 million. In recent years NDOT has used the California Life-Cycle Benefit-Cost Analysis Model (Cal-B/C) as part of their prioritization process. The Cal-B/C Model was developed by the California Department of Transportation (Caltrans). The default economic parameters in this model along with the economic parameters assigned by NDOT were used to run analysis on two projects in the state. This was completed to see how suitable Cal-B/C’s parameters would be for use in Nevada since Cal-B/C’s parameters are specific for California. This thesis also provides recommendations on updating the current economic parameters to better model Nevada’s situation since certain parameters assigned by NDOT were still based on California data. Through a review of existing methodologies used across the country new parameter recommendations were made. Furthermore, an investigation of available BCA software was also conducted to determine if other programs apart from Cal-B/C can meet NDOT’s analysis needs. The two projects selected for the case study were then analyzed using Cal-B/C, BCA.net, and the American Association of State Highway and Transportation Officials (AASHTO) Redbook Wizard. The results of the analysis showed that substantial differences in results did exist when the different models were used. Cal-B/C results were the highest followed by BCA.net. The results from the AASHTO Redbook were not favorable in either analysis. The different methodologies used by the software and the level of detailed information can be attributed to the differences in results. NDOT should continue to use Cal-B/C for general transportation projects where localized benefits will be obtained but NDOT should consider using software such as BCA.net and the Surface Transportation Efficiency Analysis Model (STEAM) for projects having regional level impacts.
Benefit-cost Analysis
Author:
Publisher:
ISBN:
Category : Pavements
Languages : en
Pages :
Book Description
Publisher:
ISBN:
Category : Pavements
Languages : en
Pages :
Book Description
Benefit-cost Analysis
Author:
Publisher:
ISBN:
Category : Pavements
Languages : en
Pages : 34
Book Description
Publisher:
ISBN:
Category : Pavements
Languages : en
Pages : 34
Book Description
Benefit-cost Analysis of Government Programs
Author: Edward M. Gramlich
Publisher: Englewood Cliffs, N.J. : Prentice-Hall
ISBN:
Category : Political Science
Languages : en
Pages : 296
Book Description
Publisher: Englewood Cliffs, N.J. : Prentice-Hall
ISBN:
Category : Political Science
Languages : en
Pages : 296
Book Description
An Introduction to Benefit-cost Analysis for Evaluating Public Expenditure Alternatives
Author: Josephine M. LaPlante
Publisher:
ISBN:
Category : Political Science
Languages : en
Pages : 92
Book Description
A revised edition of PS-14, "An Introduction to Benefit-Cost Analysis for Evaluating Public Programs," presents concepts and techniques of benefit-cost analysis as tools that can be used to assist in deciding between alternatives. The goals of the new edition include teaching students to think about the possible benefits and costs of each alternative; to define what they foresee as program outputs and to consider possible undesirable consequences; and to recognize the trade-offs that are implicit in all decisions. Topics of the eight modules (16 exercises) include the following: classifying direct vs. indirect benefits, as well as tangibles vs. intangibles; pecuniary or price effects; the business model of benefit-costs analysis; business as a model for government decisions; supply and demand in the market for goods; challenges for valuation presented by government programs; the comparison of costs and benefits that occur at different times; shadow pricing; double-counting, and benefits valued as net savings. Everyday examples are used to present what are frequently difficult concepts and relationships for the student with little background in economics. A sample student evaluation form is appended. (Author/SW)
Publisher:
ISBN:
Category : Political Science
Languages : en
Pages : 92
Book Description
A revised edition of PS-14, "An Introduction to Benefit-Cost Analysis for Evaluating Public Programs," presents concepts and techniques of benefit-cost analysis as tools that can be used to assist in deciding between alternatives. The goals of the new edition include teaching students to think about the possible benefits and costs of each alternative; to define what they foresee as program outputs and to consider possible undesirable consequences; and to recognize the trade-offs that are implicit in all decisions. Topics of the eight modules (16 exercises) include the following: classifying direct vs. indirect benefits, as well as tangibles vs. intangibles; pecuniary or price effects; the business model of benefit-costs analysis; business as a model for government decisions; supply and demand in the market for goods; challenges for valuation presented by government programs; the comparison of costs and benefits that occur at different times; shadow pricing; double-counting, and benefits valued as net savings. Everyday examples are used to present what are frequently difficult concepts and relationships for the student with little background in economics. A sample student evaluation form is appended. (Author/SW)
Water Resources Research Catalog
Author: United States. Office of Water Research and Technology
Publisher:
ISBN:
Category : Hydrology
Languages : en
Pages : 1590
Book Description
Beginning with vol. 9, only new and continuing but modified projects are listed. Vols. 8- should be kept as a record of continuing but unchanged projects.
Publisher:
ISBN:
Category : Hydrology
Languages : en
Pages : 1590
Book Description
Beginning with vol. 9, only new and continuing but modified projects are listed. Vols. 8- should be kept as a record of continuing but unchanged projects.
State of Nevada Port of Entry Benefit/cost Study, Interstate 15 Near Jean, Nevada
Author: Nevada Highway Patrol
Publisher:
ISBN:
Category : Ports of entry
Languages : en
Pages : 11
Book Description
Publisher:
ISBN:
Category : Ports of entry
Languages : en
Pages : 11
Book Description
Benefit-cost Analysis Guide for Regulatory Programs
Author: Canada. Treasury Board. Regulatory Affairs
Publisher:
ISBN:
Category : Law
Languages : en
Pages : 116
Book Description
Canada's federal regulatory policy contains mandatory requirements that departments and agencies, before sponsoring a regulation, must show that regulation is the best alternative and that the regulatory program is structured to maximise the gains to beneficiaries in relation to costs to Canadians. This document is a guide to the use of cost benefit analysis for demonstrating that a proposed regulation maximises net benefit. It reviews how cost benefit analysis fits into the regulatory process, provides a framework for choosing regulatory and non-regulatory alternatives, and describes the type and level of analysis that must be completed before preparing Regulatory Impact Analysis Statements. The guide ends with sections on evaluating impacts to business, consumer impact assessment, evaluation of risk and uncertainty, cost estimation, discounting, and evaluation of environmental quality & other public goods.
Publisher:
ISBN:
Category : Law
Languages : en
Pages : 116
Book Description
Canada's federal regulatory policy contains mandatory requirements that departments and agencies, before sponsoring a regulation, must show that regulation is the best alternative and that the regulatory program is structured to maximise the gains to beneficiaries in relation to costs to Canadians. This document is a guide to the use of cost benefit analysis for demonstrating that a proposed regulation maximises net benefit. It reviews how cost benefit analysis fits into the regulatory process, provides a framework for choosing regulatory and non-regulatory alternatives, and describes the type and level of analysis that must be completed before preparing Regulatory Impact Analysis Statements. The guide ends with sections on evaluating impacts to business, consumer impact assessment, evaluation of risk and uncertainty, cost estimation, discounting, and evaluation of environmental quality & other public goods.
State of Nevada Port of Entry Benefit/cost Study Update, Interstate 15 Near Jean, Nevada
Author:
Publisher:
ISBN:
Category : Ports of entry
Languages : en
Pages : 14
Book Description
Publisher:
ISBN:
Category : Ports of entry
Languages : en
Pages : 14
Book Description
Benefit Cost Analysis
Author:
Publisher:
ISBN:
Category : Cost effectiveness
Languages : en
Pages :
Book Description
Publisher:
ISBN:
Category : Cost effectiveness
Languages : en
Pages :
Book Description