Addressing the chronic underestimation of capital and operating costs in urban transportation projects, this book provides a detailed analysis of the cost estimating process using case studies from three U.S. cities and outlines a practical framework for this process. The work goes beyond a simple quantitative approach to explaining cost underestimation and looks at the planning process as a tool for both argumentation and structuring the argumentation. This approach highlights the difficulties in several components of the estimating process and suggests specific and practical actions to address these problems. The proposed framework will strengthen the estimating function and the link between analysis and decision in urban transportation planning. This work will be of interest to scholars and practitioners in transportation planning, urban planning, and transportation engineering.
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Book Description
Editorial Reviews
Review
“The book is a good summary of a problem that all planners face at one time or another: conducting technical analysis in a biased environment. The case descriptions of the relationships between technical analysis and decision-making make this book worth reading.”–Journal of American Planning Association
“This book is of interest to transportation planners, politicians, practitioners, and persons interested in improving urban transportation infrastructure.”–Defense Transportation Journal
“This book is of interest to transportation planners, politicians, practitioners, and persons interested in improving urban transportation infrastructure.”–
About the Author
AURELIO MENENDEZ is an infrastructure specialist with The World Bank in Washington, D.C.
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Inside This Book
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First Sentence:
The motivation for this book came from a concern raised because of the discrepancies usually present between the planning estimates of capital and operating costs of transit alternatives and the costs obtained in the final design and construction of the selected alternative. Read the first page Key Phrases - Statistically Improbable Phrases (SIPs): (learn more)
busway alternative, transportation planning process, transit alternatives, higher level institution, transit projects, rational paradigm, decision payoffs, urban transportation planning, transit mall, capital cost estimates, funding contract, transit plans, estimating process, estimating capital, commuter rail service, scale frames, analyzing alternatives, affected constituencies, cost classifications, funding institutions, technical process, local decision makers, light rail transit, transit agency, universalistic criteria Key Phrases - Capitalized Phrases (CAPs): (learn more)
United States, San Jose, Department of Transportation, Old Colony, Urban Mass Transportation Administration, New York State, Niagara Frontier Transportation Authority, General Accounting Office, Engineering News Record, Federal Highway Administration, Massachusetts Bay Transportation Authority, Environmental Impact Report, Final Environmental Impact Statement, Forecast Update, Model Results, Some Views, Table of Utilities New!
Books on Related Topics | Concordance | Text Stats Browse Sample Pages:
Front Cover | Table of Contents | First Pages | Index | Back Cover | Surprise Me!
The motivation for this book came from a concern raised because of the discrepancies usually present between the planning estimates of capital and operating costs of transit alternatives and the costs obtained in the final design and construction of the selected alternative. Read the first page Key Phrases - Statistically Improbable Phrases (SIPs): (learn more)
busway alternative, transportation planning process, transit alternatives, higher level institution, transit projects, rational paradigm, decision payoffs, urban transportation planning, transit mall, capital cost estimates, funding contract, transit plans, estimating process, estimating capital, commuter rail service, scale frames, analyzing alternatives, affected constituencies, cost classifications, funding institutions, technical process, local decision makers, light rail transit, transit agency, universalistic criteria Key Phrases - Capitalized Phrases (CAPs): (learn more)
United States, San Jose, Department of Transportation, Old Colony, Urban Mass Transportation Administration, New York State, Niagara Frontier Transportation Authority, General Accounting Office, Engineering News Record, Federal Highway Administration, Massachusetts Bay Transportation Authority, Environmental Impact Report, Final Environmental Impact Statement, Forecast Update, Model Results, Some Views, Table of Utilities New!
Books on Related Topics | Concordance | Text Stats Browse Sample Pages:
Front Cover | Table of Contents | First Pages | Index | Back Cover | Surprise Me!
Citations (learn more)
This book cites 57
books:
See all 57 books this book cites
- Urban Transportation Planning by Michael Meyer in Back Matter (1), and Back Matter (2)
- Judgment and Choice: The Psychology of Decision by Robin M. Hogarth in Back Matter (1), and Back Matter (2)
- Administrative Behavior, 4th Edition by Herbert A. Simon on page 97, and Back Matter
- Decision Support Systems: An Organizational Perspective (Addison-Wesley series on decision support) by Peter G. W. Keen in Back Matter
- Essence of Decision: Explaining the Cuban Missile Crisis (2nd Edition) by Graham Allison on page 97
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