Scorecard scores

For situations where normal cost-benefit analysis doesn't work, TNO has developed Scorecard. How can governments ascertain the best strategy for implementing innovative solutions that are influenced by knowledge and technology as well as political context, human behaviour, impact on process and organisation? TNO, the Netherlands-headquartered applied scientific research organisation, has created a scorecard that helps assess developments like SAFESPOT, the major European project which is designing cooperati
July 30, 2012 Read time: 4 mins
RSS

For situations where normal cost-benefit analysis doesn't work, TNO has developed Scorecard.

How can governments ascertain the best strategy for implementing innovative solutions that are influenced by knowledge and technology as well as political context, human behaviour, impact on process and organisation? TNO, the Netherlands-headquartered applied scientific research organisation, has created a scorecard that helps assess developments like SAFESPOT, the major European project which is designing cooperative systems for road safety based on Vehicle-to-Vehicle (V2V) and Vehicle-to-Infrastructure (V2I) communication.

SAFESPOT is defined through eight business models and two service models which needed to be ranked. This is usually done using a cost-benefit analysis based on financial factors. However, as TNO points out, not all criteria to select or rank service and business models can be monetarised so the development of an alternative method for nominal ranking by non-financial criteria from a governmental perspective to supplement cost-benefit analysis was necessary. This would allow governments to choose the most appropriate business model in
terms of aspects like political or cultural preferences.

After desk research on several government-driven areas (environment, agriculture, industry and innovation) to identify criteria which could not be distilled into financial elements, TNO developed a non-financial scorecard to rank service and business models according to the criteria found.

Six distinctive non-financial criteria were found in several studies on the effectiveness of governance intervention:

  • Economic Governance Role: the governmental role as, for example, civil service or as infrastructure investor;
  • Innovation Management: realising ideas or inventions to projects, stimulating public debate or setting the legal and financial framework to bring invention to innovation;
  • Economic Instruments: best instrument or policy given the political setting, realigning rights or possibilities of groups or individuals, setting and issuing permits, quotas and concessions, determining fees and so on;
  • Method of Transfer: budget subsidies, public provision, capital cost subsidies or setting an (inter)national market framework;
  • Governance Impact: the cost-effectiveness of policy (comparing return on cost of resources); and
  • Innovation Specifications: how the characteristics of the invention, the government drivers and way 'lessons learned' can be incorporated.

Scorecard

TNO says the scorecard built on these six criteria enables the potential effect of a governmental strategy to deploy developments like SAFESPOT to be ascertained. Each score is a qualitative statement describing which government strategy is preferred or needed in the given business and service models. The criteria therefore help to rank the models separately from their purely cost-benefit ratio.

This TNO scorecard was new to the partners in the SAFESPOT project when it was first presented. The approach was considered a promising way to allow countries from the EU-27 to select the most suitable government strategy to implement SAFESPOT services and techniques. TNO says it is now looking forward to developing and validating this instrument as a valuable addition to regular cost-benefit analysis.

What price reliability?

An international meeting on values of travel time reliability and cost-benefit analysis, being held 15-16 October, 2009 in Vancouver, Canada, will focus on a major issue that should be addressed when assessing transport investment options - unreliability of travel times.

Co-organised by the Strategic Highway Research Program (SHRP2) of the US 856 Transportation Research Board of the National Academies, the Joint Transport Research Centre of the OECD and the 998 International Transport Forum, the event recognises that at present, network and service reliability is not systematically incorporated in the transport planning process. Indeed, reliability is rarely factored into cost-benefit analyses, the core planning tool for surface transport networks.

As the organisers point out, research has not yet resulted in a set of generally accepted monetary valuations and the value placed on reliability varies from project to project. Knowledge on how travel time, congestion and service quality of the network affect reliability is largely missing. Notwithstanding, a few countries have recently taken effective steps to incorporate reliability into cost-benefit assessment and transport decision-making.

This international meeting is designed to bring together researchers and decision-makers to examine recent research results and country experiences on reliability measurement, valuation and, in particular, to explore successful practices in integrating reliability into cost-benefit analysis. The meeting aims at identify methodologies for incorporating reliability into project evaluation, and to explore the pitfalls that need to be avoided.


RSS

For more information on companies in this article

Related Content

  • Emissions reductions targets to have major impact on transport
    October 28, 2015
    As bold moves aimed at reducing greenhouse gas emissions have been introduced in California, David Crawford looks at the ramifications for transportation. California Governor Jerry Brown’s recent dramatic raising of the bar on emissions reduction policy for the state has won him praise from Japan, Australia, Europe and the secretariat of the critical UN conference on climate change being held in Paris in November/December 2015. His April 2015 executive order aimed at bringing emissions to 40% below 1990 lev
    Read More
  • Assessing driver behaviour in work zones
    May 31, 2013
    David Crawford looks at moves to increase throughput and safety in work zones.
    Read More
  • Adopting universal technology platforms for tolling
    July 16, 2012
    Dave Marples of Technolution argues that the continuing development of tolling-specific onboard equipment is leading us up a blind alley. We should, he says, be looking to realise universal platforms with universal application. The near-future automobile contains information systems of a sophistication to rival a jet airliner of only a few years ago, yet is 'piloted' by a considerably less well-trained individual of highly variable mental and physical capacity, and operated in a hostile, unpredictable and p
    Read More
  • Tolling trends and technology at ASECAP’s Madrid meeting
    May 24, 2016
    As ASECAP prepares for its annual gathering - this year in Madrid - Carole Défossé looks at what is on the programme. At ASECAP’s (the European Association of Operators of Toll Road Infrastructures) 44th annual meeting, known as Study and Information Days, the key theme will be the role of toll motorways in ensuring integrated and sustainable mobility in Europe.
    Read More

Highlighted Content