Modernisation of Regional Roads Evaluated Using Ex-Post CBA

dc.contributor.authorHalámek, Petrcs
dc.contributor.authorMatuszková, Radkacs
dc.contributor.authorRadimský, Michalcs
dc.coverage.issue4cs
dc.coverage.volume13cs
dc.date.accessioned2021-05-06T10:55:01Z
dc.date.available2021-05-06T10:55:01Z
dc.date.issued2021-02-08cs
dc.description.abstractThe aim of this evaluation is to verify the telling value of the Cost and Benefits Analysis (CBA) of regional roads modernisation based on an ex-post evaluation of the investments and their impacts on the incidence of traffic accidents. A set of 144 projects were the subject of evaluation. The analysis of the actual investment costs confirmed the assumption that the majority of projects were planned with a sufficient provision. When compared with the costs foreseen for the entire set of projects, the total reduction of actual costs spent was over 11%. The investigation of project impacts on traffic accidents was based on an analysis done prior to and after construction by using the Czech Police database. The measurement results show only minimum changes in the incidence of traffic accidents in the scenario prior to and after project completion. This however strongly contradicts the project goals declared, because the projects were anticipating almost zero accidents with a fatality and a 50% reduction of accidents with health consequences. However, a slight increase in road fatalities and in light and serious injuries was measured. These facts have a significant impact on the Net Present Value (NPV) and the weighted profitability index for the entire set of projects dropped from 16.7% to 2.8%. The key recommendation is to eliminate the impact on traffic accidents in the case of project evaluations processed ex-ante for projects focused only on a reconstruction or modernisation of existing roads.en
dc.formattextcs
dc.format.extent1-13cs
dc.format.mimetypeapplication/pdfcs
dc.identifier.citationSustainability. 2021, vol. 13, issue 4, p. 1-13.en
dc.identifier.doi10.3390/su13041849cs
dc.identifier.issn2071-1050cs
dc.identifier.other171431cs
dc.identifier.urihttp://hdl.handle.net/11012/196708
dc.language.isoencs
dc.publisherMDPIcs
dc.relation.ispartofSustainabilitycs
dc.relation.urihttps://www.mdpi.com/2071-1050/13/4/1849cs
dc.rightsCreative Commons Attribution 4.0 Internationalcs
dc.rights.accessopenAccesscs
dc.rights.sherpahttp://www.sherpa.ac.uk/romeo/issn/2071-1050/cs
dc.rights.urihttp://creativecommons.org/licenses/by/4.0/cs
dc.subjectex-post CBAen
dc.subjectroad modernisationen
dc.subjectincidence of traffic accidentsen
dc.subjectdecision-making processen
dc.titleModernisation of Regional Roads Evaluated Using Ex-Post CBAen
dc.type.driverarticleen
dc.type.statusPeer-revieweden
dc.type.versionpublishedVersionen
sync.item.dbidVAV-171431en
sync.item.dbtypeVAVen
sync.item.insts2021.05.06 12:55:01en
sync.item.modts2021.05.06 12:15:00en
thesis.grantorVysoké učení technické v Brně. Fakulta stavební. Ústav pozemních komunikacícs
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