Abstract
The Highway Development and Management model (HDM-4) is a software system developed for the evaluation and optimization of the economic benefits of the road projects and is widely used both by practitioners, decision makers, international consulting companies, and academia. This article analyzes the application of the HDM-4 in the management of the private investment projects in the road sector thus trying to identify the main missing points for the evaluation of the big picture in the sector. The aim of the current study is to justify the need for the further development of a relevant plug-in tool for the HDM-4 to completely estimate the economic results of the projects in the road sector with private investments.
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
