Developing framework for inclusion of wider economic benefit

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Reference no: EM132345193

Topic: Developing a framework for inclusion of Wider Economic Benefits in Road Project Appraisals.

When evaluating road investment schemes, the focus has been on the road agency costs and the road user costs. This is already done by HDM-4 according to Data. This is done to select best alternative.

Requirement

However, it is recognised that the benefits and costs of road investment has a broader economic effect, includingSafety, comfort and Emissions. So, we need to use broader economic effect to select best alternative .

So ,you need to use Analytical Hierarchy Process.

Article - Multi Criteria Analysis Method For Pavement Maintenance Management by Salvatore Cafiso, Henry R Kerali, J B Odoki and Alessandro Di Graziano

Reference no: EM132345193

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