Cost-benefit Analysis Toolkit

Project Number: Clear Roads 08-02/WisDOT 0092-09-08
Start Date: December 2008
End Date: July 2010
Investigator: Western Transportation Institute

Problem
Agencies for the last fifteen years have reduced budgets or have had budgets that remained flat.  As a result every new purchase has to have a cost/benefit analysis to justify its dollar value. The current situation requires an effective method for determining the cost/benefit of incorporating new products and methods into their operations.

Objective
The goal is to develop a practical tool (such as a spreadsheet or computer program) that can be used by Clear Roads states and other agencies to calculate the cost/benefits and justify expenditures for specific new practices, equipment and operations used in winter maintenance activities.

Expected Results
A tool that is easy to maintain and is expandable to include additional winter maintenance practices as needed in the future. Training on the use of the tool is also expected.

Status Reports
June 30, 2010 (124 KB)
March 31, 2010 (132 KB)
December 31, 2009 (70 KB)
September 30, 2009 (327 KB)
June 30, 2009 (194 KB)
March 31, 2009 (40 KB)