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CC – Measuring the public value and wider societal benefits created by transportation investments

Funding

$0

Research Period


Background Information

Performance measurement and performance-based management have a long history in state DOTs as a discipline to track progress toward goals and optimize resource decisions. However, transportation agency goals are evolving from a pure operational focus to a focus on broad societal goals and creating value for the public. The value created by transportation investments spans not only transportation but also education, human services, land use, environment, and economy. A broader view of value and methods are needed to account for not only quantifiable value but also qualitative value. Another challenge is time horizons - how to value and manage investments today to deliver benefits in the much longer term. This research would develop and test measures of wider societal benefits deriving from the delivery of transportation investments.


Literature Search Summary


Objectives


Keywords/Terms


Link to 2021-2026 AASHTO Strategic Plan


Urgency and Potential Benefits


Implementation Considerations


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Notes