Road Engineering for Development
DOI: 10.4324/9780203301982_chapter_21
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The HDM-4 road investment model

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Cited by 10 publications
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“…Although it can be used for the economic evaluation of low volume roads it is not customised for this purpose. HDM models are also more demanding and complex in terms of input requirements (Kerali, 2000:2). HDM models are more applicable to the evaluation of project alternatives where a new road is considered, as the input requirements include engineering specifications that are linked to the life span of the road.…”
Section: Model Developmentmentioning
confidence: 99%
“…Although it can be used for the economic evaluation of low volume roads it is not customised for this purpose. HDM models are also more demanding and complex in terms of input requirements (Kerali, 2000:2). HDM models are more applicable to the evaluation of project alternatives where a new road is considered, as the input requirements include engineering specifications that are linked to the life span of the road.…”
Section: Model Developmentmentioning
confidence: 99%
“…Its performance prediction models have great flexibility, being able to consider different surface materials, structure types, climates, and traffic characteristics. HDM-4 regression models can forecast surface roughness, cracking, rutting, potholes, and so on ( 4 ), although it is critical to calibrate its models to each network. Considering the robustness of HDM-4 models, but recognizing their limitations in relation to local calibration and to big-data treatment and handling, it is important to develop more current and adaptable solutions.…”
mentioning
confidence: 99%
“…It can be basically classified as a pavement management tool, and is the recommended choice of the World Bank and other International Financing Institutions (IFIs) for technical and economic analysis of projects funded by these institutions. [2] HDM-4 simulates physical and economic conditions over the period of analysis, usually a life cycle, for a series of construction and maintenance alternatives and scenarios, either for a given road project on a specific alignment or for groups of links on an entire network. It estimates road user benefits, infrastructure costs and externalities, including accidents, energy consumption and emissions for alternative investment strategies year-by-year for up to 40 years, discounting the future costs, if desired, at different specified discount rates, to search for the alternative with the lowest discounted total cost.…”
Section: Highway Development and Management Modelmentioning
confidence: 99%