Assessing the Benefits and Costs of ITS: Making the Business by David Gillen, David Levinson

By David Gillen, David Levinson

The 17 chapters during this publication, which advanced from a convention on measuring the contributions of ITS subsidized via the California division of Transportation in February 2002, learn the prices and advantages of ITS in an monetary and enterprise coverage context. part 1 examines the wide subject of the way and what ITS contributes to the economic climate and the way one makes a company case for ITS. part 2 comprises 3 chapters on ITS purposes in mass transit. part three explores ITS purposes within the automobile/highway approach. part four considers integrative matters together with how ITS is perceived and the way it may be situated to enhance floor transportation. This quantity should be specially invaluable to researchers and coverage makers operating in transportation, transportation engineering, and the industrial research of transportation platforms.

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Additional resources for Assessing the Benefits and Costs of ITS: Making the Business Case for ITS Investments (Transportation,Research,Economics and Policy, 10)

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With radio ramp slow, The above actions are intended to produce information and stimulate benefits via the impact linkages—from actions taken to benefits created— shown in Figure 2. The benefits include: Reduce incident detection and response time. Divert travelers away from blocked or constricted sections to alternate routes with more capacity. Smooth the flow of traffic. Reassure highway users that they will be informed of problems on their route if such exist. Induce additional traffic. Making the Case for ITS Investment 45 These impacts translate into benefits in the form of delay savings, reduced operating costs, reduced emissions, reduced agency costs, and consumer surplus from induced travel.

5. CONCLUSION I conclude that the relationship between ITS and the nation’s manufacturing sector needs to be explored by the transportation policy and planning community. Three requirements represent the most immediate needs: 1. Develop an understanding of the role of ITS in the private business case for private investment in advanced logistics; 2. Develop methodological and communications strategies for transportation planners in public agencies and logistics managers in private firms. Establish ways of tying private firms into the ITS Public-Private Partnering 23 planning and evaluation process at the corridor, regional, and national levels; and 3.

The BCA framework is applicable to ITS projects as well as to traditional physical improvements to highways or transit. The practice of BCA for evaluating ITS has not, however, been exemplary: although BCA evaluation of ITS projects is feasible at a modest level of effort, few studies have been done, and, for most contexts, key data are not available. , the reduction in incident duration resulting from traffic surveillance). The application of BCA to ITS can yield valuable insights regarding which projects are likely to be worthwhile, but the robustness of the conclusions could be greatly strengthened with properly focused data collection.

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