Start Date:
-Summary:
FHWA emphasizes analysis and performance management as integral elements for 1) the systematic process to develop and select maintenance and operations (M&O) strategies to meet objectives and 2) system performance monitoring and evaluation. As part of this effort, FHWA provides tools and resources related to benefit-cost analysis (BCA); one such resource is the Tool for Operations Benefit-Cost Analysis (TOPS-BC), which is a sketch-planning level decision support tool intended to provide guidance to transportation practitioners in conducting BCA for a wide range of Transportation System Management and Operations (TSMO) strategies. The purpose of this webinar is to discuss the application of BCA to TSMO projects, the benefits of doing so, and an overview and tutorial on the TOPS-BC tool, including the recently completed enhancements. The webinar also can introduce attendees to the tool and opportunities for technical assistance.
The sample agenda is below:
- BCA introduction overview
- Introduction to TOPS-BC: demonstration and tutorial
- Using TOPS-BC: create a tailored BCA for a project of your choosing
Learning Objectives:
This presentation is intended to serve as a forum to demonstrate TOPS 3.0. Specific objectives include:
- Provide an opportunity for State DOT representatives to learn more and ask questions about the tool
- Demonstrate sample analysis, providing a real-world perspective to the session.
Instructors:
Jim Hunt, FHWA
Michael Lawrence, Jack Faucett Associates
Stephanie Palmer, Michigan Department of Transportation
Matt Hansen, California Department of Transportation