Prioritization of Freight Investment Projects (2019) / Chapter Skim
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17 This chapter provides a detailed description of the general process and the different freight investment project prioritization methods that have been and are currently being used. Specifically, the most-used methods are described, and common steps in these different methods are identified.
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18 Prioritization of Freight Investment Projects State DOT Methods The systematic review included all available state freight to analyze and compare different freight prioritization methodologies. The first search was conducted in December 2017, and 15 freight plans (containing freight project prioritization methodologies)
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Freight Investment Project Prioritization Process and Methods 19 Overall, the tiering process helps state DOTs categorize their freight projects based on identified thresholds, whether it be through performance measures, a qualitative or quantitative scoring process, or type of freight corridor. Tiering has helped DOTs accurately allocate funds to the projects with the greatest needs within the freight system.
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20 Prioritization of Freight Investment Projects quantitative, or both measures. The Colorado DOT created a five-step method, starting with identifying needs and issues within the freight system.
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Freight Investment Project Prioritization Process and Methods 21 GradeDec.Net, a system for highway–rail grade crossing investment analysis. This cost–benefit analysis tool helped decision makers categorize and rank projects based on economic enhancements (37)
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22 Prioritization of Freight Investment Projects and bridges, or freight volume on road segments can help state DOTs identify geographic problem areas on which to prioritize freight projects. About half of the states explicitly mention the use of performance measures in their prioritization methodologies.
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Freight Investment Project Prioritization Process and Methods 23 Many other state DOTs also use performance measures to assist with decision making and system monitoring. However, only the state DOT performance measures currently integrated into freight prioritization methods are displayed.
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24 Prioritization of Freight Investment Projects basis to weigh different projects to rank them. State DOTs used these factors as goals against which to weigh the freight projects in their prioritization methodology.
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Freight Investment Project Prioritization Process and Methods 25 Table 6. Common weighted factors seen in state DOT freight plans from the literature review.
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26 Prioritization of Freight Investment Projects Regional Methods Regional entities prioritize their freight projects to create a transportation improvement plan (TIP)
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