Investigation of Process Improvement for Application of Research Financial Achievability Model (FAM)

In this work the project team will first assess the 42 Y2023 research statements and identify six to eight projects most suitable for Financial Achievability Model (FAM) analysis. The team will then document a draft decision tree for prioritizing projects where Return on Investment (ROI) analysis will likely meet with success.

Language

• English

Project

• Status: Active
• Funding: $46991
• Contract Numbers:

  BED49 977-11

• Sponsor Organizations:

  Florida Department of Transportation

  Research Center
  605 Suwannee Street MS-30
  Tallahassee, FL  United States  32399-0450
• Managing Organizations:

  Florida Department of Transportation

  Research Center
  605 Suwannee Street MS-30
  Tallahassee, FL  United States  32399-0450
• Project Managers:

  Tuck, Jason

• Performing Organizations:

  Applied Research Associates, Inc.

  100 Trade Centre Drive, Ste 200
  Champaign, IL  United States  61820-7233
• Principal Investigators:

  Elliot, Kevin

• Start Date: 20240111
• Expected Completion Date: 20241014
• Actual Completion Date: 0
• USDOT Program: Accelerating Project Delivery

Subject/Index Terms

• TRT Terms: Decision trees; Research management; Research projects; Return on investment
• Subject Areas: Planning and Forecasting; Research;

Filing Info

• Accession Number: 01920429
• Record Type: Research project
• Source Agency: Florida Department of Transportation
• Contract Numbers: BED49 977-11
• Files: RIP, STATEDOT
• Created Date: Jun 3 2024 12:43PM