Cost-benefit appraisal and HDM-4 modelling, and how to make the economic case for maintaining a road now rather than rebuilding it later.
Deferred maintenance is almost always the most expensive option, but that case has to be made in numbers a treasury will accept. You work through cost-benefit appraisal and HDM-4 modelling, then on presenting a result that survives a budget negotiation.
The economic principles behind road investment.
Applies cost-benefit methods to road interventions.
Quantifies vehicle operating and time costs to users.
Uses HDM-4 to appraise investment and maintenance options.
Compares the economics of maintenance against reconstruction.
The economic argument to decision-makers.
Transport economists, planning engineers, and road agency appraisal staff.
A roads, transport economics or planning background. Spreadsheet familiarity assumed.
Secure a seat for Road Sector Economics and HDM-4 Analysis, or ask us anything first.