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10 items by relevance
1 Journal article

Transport project evaluation: feasibility risk assessment and scenario forecasting

Salling, Kim Bang; Leleur, Steen

Transport — 2017, Volume 32, Issue 2, pp. 180-191

This paper presents a new approach to transport project assessment in terms of feasibility risk assessment and reference class forecasting. Conventionally, transport project assessment is based upon a Cost-Benefit Analysis (CBA) where evaluation criteria such as Benefit Cost Ratios (BCR

Year: 2017

Language: English

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2 Journal article

Accounting for the inaccuracies in demand forecasts and construction cost estimations in transport project evaluation

Salling, Kim Bang; Leleur, Steen

Transport Policy — 2014, Volume 38, pp. 8-18

in demand and cost estimations and hence the evaluation of transport infrastructure projects. Currently, research within this area is scarce and scattered with no commonagreement on how to embed and operationalise the huge amount of empiricaldata that exist within the frame of Optimism Bias. Therefore

Year: 2014

Language: English

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3 Conference paper

Bridging the Gap in Transport Project Evaluation: Accounting for the Inaccuracies in Demand Forecasts and Construction Costs Estimations

Salling, Kim Bang; Leleur, Steen

For decades researchers have claimed that demand forecasts and construction costs estimations are assigned with large degrees of uncertainty, commonly referred to as Optimism Bias. A severe consequence is that ex-ante socio-economic evaluation of infrastructure projects becomes inaccurate and can

Year: 2014

Language: English

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4 Conference paper

Transport Project Evaluation: Integrating Cost-Benefit and Multi-Criteria Examination by the Use of Segregated Investment Return Rates (SIRR)

Leleur, Steen

Transport Policy — 1996, pp. 175-186

Two main project evaluation approaches exist: cost-benefit analysis (CBA) and multi-criteria analysis (MCA). Related to a European road evaluation method (EURET 1.1) and the MCA-method, WARP, the paper proposes a set of so-called segregated investment return rates (SIRR) to integrate advantages

Year: 1996

Language: English

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5 Conference paper

COSIMA-DSS Evaluation System: A new Decision Support System for Large-Scale Transport Infrastructure Projects

Salling, Kim Bang; Jensen, Anders Vestergaard; Leleur, Steen

Advanced or and Ai Methods in Transportation — 2005, pp. 601-607

This paper presents a new decision support model COSIMA-DSS that examines socio-economic feasibility risks involved in the implementation of transport infrastructure projects. The model makes use of conventionally cost-benefit analysis embedded within a wider multi-criteria analysis. The basic

Year: 2005

Language: English

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