Development of Guidelines for Quantifying Benefits of Traffic Incident Management Strategies (2022) / Chapter Skim
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Pages 129-136
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129 MONETIZATION OF BENEFITS Estimating the benefits of TIM activities is important in measuring their use and effectiveness. Monetizing the benefits of TIM activities enables comparisons and justification in units that are broadly understood.
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130 Table 62: Monetization of Delay Savings for I-405 Month Sun Delay (hrs) Savings ($)
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131 monetizing crashes. Consequently, efforts were taken to develop a composite value that represents the costs of all crashes.
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132 6.1.3. Monetization of Emissions Reduction Monetization of emissions reductions is performed by multiplying the emissions reductions, which were calculated in kilograms (kg)
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133 Table 73: Emissions Reduction on U.S. Route 75 based on Service Patrol Interactions Morris HC (kg)
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134 Table 77: Monetization of Fuel Consumption Savings Seattle Fuel Savings (gal) Fuel $ Savings N
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135 analysis segments in 15-min time intervals up to 6 hours of duration. It is equally applicable to urban and rural environments as the inputs may be modified to adjust for the specific characteristics of the facility.
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136 6.3. Summary of Benefit Quantification and Monetization Strategies This chapter described the current, notable tools for the quantification and monetization of TIM benefits.
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