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.

Project

• Status: Active
• Funding: $149652
• Contract Numbers:

  BDV29 977-64

• 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

• 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