Bridging the Gap Between Data and Benefits of TSMO Strategies
- Jul 10, 2022
- Focus Area
- Transportation Systems Management & Operations
- Submitting On Behalf Of
- TRB Committee on RTSMO
- Urgency
- Important - Medium Priority
- Cost
- $100,000 - 249,000
- Timeframe
- 1 - 2 years
- Type of Research
- Full Research Project
- Date Posted
- Jul 10, 2022
- Status
- Not Funded
Research Description
Evaluating effectiveness of TSMO strategies can be challenging because it is often difficult to separate benefits of TSMO strategies from other factors. There is a lack of appropriate tools to support evaluation and separation of these factors. Research is needed to identify ways and tools to evaluate individual TSMO strategy contributions as well as measuring impact of collection of TSMO strategies in context of a project benefit / cost.
Additional Supporting Information
This challenge is well illustrated in the 2015 Transportation Systems Management and Operations Benefit-Cost Analysis Compendium (FHWA-HOP-14-032). While a very useful compendium of example projects, one primary outcome is that it was not possible develop an average benefit-cost value for each strategy because of the significant variability in the composition and execution of every project.
- Submitted By
- Nikola Ivanov
- UMD CATT Laboratory
- 301-405-3626
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