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The Highway Safety Manual (HSM) lists four different methods for determining the change in crash frequency in order of reliability. Currently, the Utah Department of Transportation (UDOT) uses the fourth reliable method. The goal of this research was to develop a tool that the most reliable method mentioned in the HSM could be used to perform life-cycle benefit-cost analyses. A spreadsheet program was built that performs the HSM’s Part C Predictive Method for 11 different roadway segment types mentioned in HSM using Excel macros and Visual Basic for Applications (VBA) programming. Intersections were not included in this spreadsheet program as they were not included in the Utah Crash Prediction Model (UCPM) or the Utah Crash Severity Model (UCSM) at the time of this research. The methodology for analysis was set up to become part of the use of the models in selecting countermeasures. The concept and spreadsheet layout are discussed using the rural two-lane two-way (TLTW) highway spreadsheet as an example. Three examples are presented in this thesis, which are a case of rural TLTW highway, a case of five-lane urban arterial with a two-way left-turn lane (TWLTL), and a case of a freeway segment, each with two selected countermeasures to compare their benefit-cost ratios (BCRs). One important aspect associated with life-cycle benefit-cost analysis of safety related improvements is the cost of countermeasures. The spreadsheets developed in this research can predict the benefits associated with a countermeasure following the methods found in the HSM; however, it does not include a module to estimate costs associated with a countermeasure to be selected because costs of countermeasures are dependent on the way such improvements are included in construction contracts. The engineer should seek guidance from the cost estimate expert within the agency or outside consultants when determining the project costs.
The primary objective of this research was to utilize available roadway characteristic and crash data to develop crash severity distributions for the 11 facility types in the HSM. These objectives were accomplished by segmenting the roadway data based on homogeneity and developing statistical models to determine the distributions. Due to insufficient data, the facility types of freeway speed change lanes and freeway ramps were excluded from the scope of this research. In order to accommodate more roadways within the research, the facility type definitions were expanded to include more through lanes.
This review of benefit-cost analysis as a tool for evaluating alternative courses of action describes the technique, discusses a number of benefit-cost studies, and indicates the difficulties inherent in this area of applied economics. * The author concentrates on the application of the technique to large scale transport problems, reviews the literature and indicates in his conclusions where the technique can be helpful and where there is little chance for its success.
TRB’s National Cooperative Highway Research Program (NCHRP) Synthesis 424: Engineering Economic Analysis Practices for Highway Investment explores how U.S. transportation agencies have applied engineering economics--benefit–cost analyses and similar procedures--to decisions on highway investments.
This guide presents information for estimating the costs and safety benefits which would be expected due to various improvements on specific sections of rural, two-lane roads. Such improvements covered in this guide include lane widening, shoulder widening, shoulder surfacing, sideslope flattening, and roadside improvements. This guide will be useful to those involved with the design of 3R-type projects, particularly for improvement projects which will be constructed on existing vertical and horizontal alignment and within the existing right-of-way. The accident relationships with roadway geometrics and cost data contained in this guide resulted from research conducted for the Federal Highway Administration. FHWA research report FHWA/RD-87/008 entitled "Safety Effects of Cross-Section Design for Two-Lane Roads, Volume I, Final Report" contains the major results and conclusions of the study. FHWA research report number FHWA/RD-87/009 subtitled "Volume II, Appendixes" contains details on the data base and the data analysis