Open AccessCriterion of comparative efficiency in planning of the transport network
Author(s) -
Mikhai Petrov,
Valeriy M. Samuylov
Publication year - 2019
Publication title -
iop conference series. earth and environmental science
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.179
H-Index - 26
eISSN - 1755-1307
pISSN - 1755-1315
DOI - 10.1088/1755-1315/403/1/012196
Subject(s) - matching (statistics) , computer science , transport network , discounting , operations research , order (exchange) , transportation planning , management science , risk analysis (engineering) , transport engineering , business , economics , engineering , mathematics , finance , computer network , statistics
Currently, there is a significant number of strategic documents that directly or indirectly postulate the priorities for the development of the railroad transport network. This drives the problem of document matching which should result in actual development trajectory. But this requires a thorough per network pre-project research in order to establish the full extent of transport and non-transport effects that are potentially caused by the network project. The paper focuses on formulating the conditions that allow simplifying pre-project evaluation and states that one of the correct ways to simplify evaluation is to use the criterion of comparative efficiency. The hypothesis of this research is that there is a more nuanced way to present capital investments in infrastructure through the aspects of infrastructure operational efficiency. Standard method of time-linear discounting of money flow is insufficient in transport network development projects. A suggested method is illustrated with a real calculation providing rationale for an option that provides powerful after-action for a rationalized project of a new strategic railroad line.