INDOT Research Program Benefit Cost Analysis—Return on Investment for Projects Completed in FY 2016

McCullouch, Bob; Purdue University. School of Civil Engineering

doi:10.5703/1288284316631

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INDOT Research Program Benefit Cost Analysis—Return on Investment for Projects Completed in FY 2016

2017-12-01
By McCullouch, Bob

[PDF-3.30 MB]

English

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Details:

Creators:

McCullouch, Bob
Corporate Creators:

Purdue University. School of Civil Engineering
Corporate Contributors:

Joint Transportation Research Program (Ind.) ; Indiana. Dept. of Transportation ; United States. Federal Highway Administration

Joint Transportation Research Program (Ind.) ; Indiana. Dept. of Transportation ; United States. Federal Highway Administration Less -
Subject/TRT Terms:

[+]

Benefit Cost Analysis Financial Analysis Research Projects Return On Investment
Publication/ Report Number:

FHWA/IN/JTRP-2017/22
DOI:

https://doi.org/10.5703/1288284316631
Resource Type:

Tech Report
Geographical Coverage:

United States ; Indiana

United States ; Indiana Less -
TRIS Online Accession Number:

01659820
Corporate Publisher:

Purdue University
Abstract:

The Governor’s Office requested an annual financial analysis of the INDOT Research Program to determine the return on the research investment (ROI). The current financial analysis is for research projects that completed in FY 2016. Analyses on previous year's projects is necessary primarily due to the time it takes some project outcomes to be implemented goes into the following year, so FY 2016 analysis is done in 2017. This analysis will supplement the annual IMPACT report (qualitative and quantitative benefits) by adding a rigorous quantitative benefit cost analysis (BCA) to the Research Program. Previous financial analyses used the approach of calculating net present values of cash flows to determine a benefit cost ratio and this report uses the same approach. Additionally, an overall program rate of return (ROI) is reported and will be accumulated over time into a rolling 5-year average.
Format:

PDF
Funding:

SPR-4225
Collection(s):

US Transportation Collection
Main Document Checksum:

[+]

urn:sha256:bb67c4fff689660a9087183a7951968d5b34bd502ae0bdebf1643d398205c683
Download URL:

https://rosap.ntl.bts.gov/view/dot/36131/dot_36131_DS1.pdf
File Type:

No Additional Files

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INDOT Research Program Benefit Cost Analysis—Return on Investment for Projects Completed in FY 2016

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