An optimisation model for prioritising transport projects

An optimisation model for prioritising transport projects

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Article ID: iaor20097470
Country: United Kingdom
Volume: 161
Issue: 4
Start Page Number: 221
End Page Number: 230
Publication Date: Nov 2008
Journal: Proceedings of the Institute of Civil Engineers: Transport
Authors: ,
Keywords: programming: multiple criteria, decision theory: multiple criteria
Abstract:

The decision of how much to invest in the development of transportation projects is very important. Optimisation tools are commonly used to prioritise investment in transportation networks. The objective of this study was to develop an optimisation model that will prioritise and rank investment in transportation infrastructure. The model was developed using data from the Department of Transport in Ireland. The concept of the ideal solution has been used. This is a multi–objective model, giving more than one optimal solution. The research concludes that weighting assigned by the user to the attributes is crucial in the prioritisation process when the attributes are numerous.

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