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Can your community afford adaptive traffic control?
CALCULATING RISK VS. REWARD FOR ADAPTIVE TRAFFIC CONTROL OPTIONS
Most vendors roll the first two years of service and support into the purchase price, so make sure you ask customers for both initial and annual operating costs. Use your research on costs and in-field performance to develop best-, average-, and worst-case scenarios for each product. This method puts the initial cost in terms of an investment. Thus, Product A is the least expensive option but represents the worst long-term investment. Depending on your risk tolerance, you might decide that the most important consideration is to avoid failure on the magnitude of the worst-case scenarios below (especially Product A). You might strive for the best-case performance (Product C), but be willing to accept that a consistently strong performance (Product B) is the best of both worlds: maximum results with minimal downside risk.
This educational unit takes a look at two specification strategies, method...
Even though the technology reduced accidents and increased revenues, San Diego and El...
Atlanta-Sandy Springs-Marietta, GA
Federal Highway Administration
Public Works Manual
Traffic Control & Lighting
Return on Investment
HNTB Corporation’s America THINKS survey takes a fresh look at tolls: a revenue source...
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