Play Slideshow >>
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...
Diversity in Engineering Matters, the new eLearning series from the Society of Women...
Company says its low-maintenance waste pulverizer also produces better feedstock for...
Federal Highway Administration
This survey compiled data from 249 producers and 38 state pavement associations....
Public Works Manual
Traffic Control & Lighting
Prime 12-acre waterfront property is transformed into city’s newest civic treasure with...
The American Public Works Association’s “Building the Public Sector: One Leader at a...
Return on Investment
The product combines cameras and LIDAR sensors with software for data acquisition,...
GIS tool uses “Big Data” to resolve traffic-design challenges.
Please read our Content Guidelines before posting.
2015 Hanley Wood Media, Inc. All rights reserved.