Local Methods for Modeling, Economic Evaluation, Justification and Use of the Value of Travel Time Reliability in Transportation Decision Making

A final report on the step-by-step process used to develop, justify, apply, and assess the use of the value of travel time reliability in project evaluation and decision processes. This project will build support for investments in operations through pilot testing a reliability performance metric or an economic value of travel time reliability and incorporating it into the analysis of investment alternatives at an agency level. As a result, this project will shed light on how potential investments in operations may be undervalued. The project is slated for completion by summer of 2014 with a final report due in the fall of 2014.


  • English


  • Status: Completed
  • Funding: $800000.00
  • Contract Numbers:

    Project L35

  • Sponsor Organizations:

    Strategic Highway Research Program 2

    Transportation Research Board
    500 Fifth Street, NW
    Washington, DC    20001
  • Performing Organizations:

    Maryland State Highway Administration

    707 N Calvert Street
    Baltimore, MD  United States  21202

    University of Maryland, College Park

    College Park, MD  United States  20742

    Portland Metro


    University of Arizona, Tucson

    127 E. James E. Rogers Way
    Tucson, AZ  United States 
  • Principal Investigators:

    Jacobs, Thomas

    Chiu, Yi-Chang

  • Start Date: 20130429
  • Expected Completion Date: 0
  • Actual Completion Date: 0
  • Source Data: RiP Project 37821

Subject/Index Terms

Filing Info

  • Accession Number: 01543920
  • Record Type: Research project
  • Source Agency: Transportation Research Board
  • Contract Numbers: Project L35
  • Files: TRB, RiP
  • Created Date: Nov 23 2014 1:01AM