A roadway improvement project to improve safety is cost effective when which of the following factors are met (fill in the blanks)?
Benefits: Reduced crash frequency, Reduced ___________, Reduced liability costs
Costs: Design and installation cost, __________________ cost, Cost of more frequent, less severe crashes
BenefitsCosts

Question

A roadway improvement project to improve safety is cost effective when which of the following factors are met (fill in the blanks)?
Benefits: Reduced crash frequency, Reduced ___________, Reduced liability costs
Costs: Design and installation cost, __________________ cost, Cost of more frequent, less severe crashes
Benefits>Costs

Quizplus · Accepted Answer

A roadway improvement project to improve safety is cost effective when the following factors are met.
Benefits: Reduced crash frequency, Reduced crash severity, Reduced liability costs
Costs: Design and installation cost, _maintenance and operation cost, Cost of more frequent, less severe crashes
Benefits>Costs
Benefit/cost ratios that result from an alternatives analysis are often used to establish project priorities that are implemented once money and resources become available.

A Roadway Improvement Project to Improve Safety Is Cost Effective