Description

For economic evaluation of a highway development proj ect, multiple criteria must be considered on a timeframe longer than the project implementation interval and a geo graphical area larger than the project zone. In this study, a framework is proposed based on the Network-Level Life Cycle Cost Analysis (NL-LCCA) to assess the effect of high way development projects on mobility, safety, economy, en vironment and other monetizable criteria. In this approach, project impacts are estimated within physical boundaries of highway network over the network life cycle. This framework can be used as a decision-making support for evaluation and ranking of pre-defined development projects, propos ing new cost-effective development projects, assessment of cost efficiency of existing highway network and budget al location optimization.