HE economic analysis is a critical component of a com- prehensive project or program evaluation methodology that considers all key quantitative and qualitative impacts of highway investments. Index Terms - Road User Costs, Vehicle Operating Cost, Travel Time Cost, HDM-4, RUCKS.

This article focuses on the Road User Cost Modelling in HDM-4 and validation of the model using Road User Costs Knowledge System (RUCKS). The Highway Development and Management Model (HDM-4) system is seen as the international standard decision support tool for road management. Economic analysis provides a way of comparing the economic gains expected from an investment with the cost of that investment providing an objective understanding of value to be expected for cost incurred. Bino I Koshy, Jeena PradeepĪbstract -Engineering economic analysis applies economic concepts and methods to engineering problems to support decisions on a best course of action. ISSN 2229-5518 Calibrating Road User Cost Model in HDM-4 for Conditions Prevailing in India – A Case StudyĪswathy Das A, Dr. International Journal of Scientific & Engineering Research, Volume 4, Issue 9, September-2013 1464 Calibrating Road User Cost Model in HDM-4 for Conditions Prevailing in India – A Case Study

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