Performance Evaluation of Connected Vehicle (CV) and Transportation Systems Management and Operations (TSM&O) Projects in Florida
The main goal of this research is to assist Florida Department of Transportation (FDOT) in developing approaches to evaluate the performance of connected vehicle (CV) projects and the RISC, RRSP, and SWZ Transportation Systems Management and Operations (TSM&O) strategies. The specific objectives include: (1) Identify and recommend both qualitative and quantitative performance metrics that could be used to estimate the benefit cost (B/C) and return on investment (ROI) in deploying CV initiatives; and (2) Develop a framework for benefit-cost analysis of RISC and RRSP programs, and SWZ technologies. Implement the developed framework for estimating the B/C ratios of the RISC and RRSP programs and SWZ technologies.
Language
- English
Project
- Status: Active
- Funding: $149652
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Contract Numbers:
BDV29 977-64
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Sponsor Organizations:
Florida Department of Transportation
605 Suwannee Street
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:
Ponnaluri, Raj
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Performing Organizations:
Florida International University
Division of Research
11200 SW 8th St, MARC 430
Miami, FL United States 33199 -
Principal Investigators:
Alluri, Priyanka
- Start Date: 20210111
- Expected Completion Date: 20220228
- Actual Completion Date: 0
Subject/Index Terms
- TRT Terms: Benefit cost analysis; Connected vehicles; Performance measurement; Return on investment
- Identifier Terms: Florida Department of Transportation; Transportation systems management and operations (TSMO)
- Subject Areas: Economics; Highways; Operations and Traffic Management; Vehicles and Equipment;
Filing Info
- Accession Number: 01762325
- Record Type: Research project
- Source Agency: Florida Department of Transportation
- Contract Numbers: BDV29 977-64
- Files: RIP, STATEDOT
- Created Date: Jan 15 2021 4:43PM