Multi-objective economic evaluation of minor roading projects

Scott, D (1987) Multi-objective economic evaluation of minor roading projects. Construction Management and Economics, 5(2), pp. 169-181. ISSN 01446193

Abstract

Reduced funds and the need for a consistent method of choosing between many proposed schemes each with different non-quantifiable benefits has made a reappraisal of methods of evaluating minor roading projects desirable. The paper has two major sections. First, the results of a study to determine the extent to which economic evaluation of any sort is used for evaluating minor works projects and to determine what other evaluation methods are currently used (56 cases were studied). Second, a revised method of evaluation, developed to take into account significant factors highlighted in the study, is presented.

Item Type: Article
Uncontrolled Keywords: case-studies; economics; evaluation; intangibles; projects
Index terms: economic evaluation
Subjects: financial analysis
Topics: Cost Management
Descriptive scope: 1 A

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