cost-benefit analysis of retbus (goni ross)

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TIL/T&P Masterclass presentation by Bernat Goni Ross on his MSc research and reporting tips. September 2012.

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Page 1: Cost-benefit analysis of RetBus (Goni Ross)
Page 2: Cost-benefit analysis of RetBus (Goni Ross)

WHO AM I?

BernatBernatBernatBernat GoñiGoñiGoñiGoñi RosRosRosRos

• BSc Environmental Science, specialization in Urban Planning (Autonomous

University of Barcelona)

• Worked as urban planner in Barcelona for 3 years

• MSc Transport, Infrastructure and Logistics (TU Delft)

• PhD Researcher (TU Delft)

• Driving behavior

• Traffic modeling and simulation

• Intelligent transport systems

Page 3: Cost-benefit analysis of RetBus (Goni Ross)

MY MASTER THESIS

Committee membersCommittee membersCommittee membersCommittee members

Prof. dr. ir. Bart van Arem (TU Delft, CEG)

Dr. ir. Rob van Nes (TU Delft, CEG)

Dr. Hans van Ham (TU Delft, TPM)

Dr. ir. Miquel Estrada (UPC Barcelona TECH)

Final presentation date Final presentation date Final presentation date Final presentation date

21st June 2011

Page 4: Cost-benefit analysis of RetBus (Goni Ross)

TRANSIT NETWORKS IN BARCELONA

Page 5: Cost-benefit analysis of RetBus (Goni Ross)

THE RETBUS PROJECTElementsElementsElementsElements

a)a)a)a) New BRT system

- High frequency (1 service/3 min)

- High speed (15 km/h)

- Hybrid grid-radial network concept

b)b)b)b) Changes to the existing bus network

ObjectiveObjectiveObjectiveObjective

Min [Transit User Costs + (Investment

Costs + Operating Costs)]

ImplementationImplementationImplementationImplementation

2012-2015

Page 6: Cost-benefit analysis of RetBus (Goni Ross)

RESEARCH QUESTIONS

1) To what extent will the implementation of the RetBus project be socially

beneficial and financially profitable?

2) What modifications could be made to the RetBus project so as to

improve its social and/or financial value?

COST-BENEFIT ANALYSIS

Financial CostFinancial CostFinancial CostFinancial Cost----Benefit Analysis (FCBA)Benefit Analysis (FCBA)Benefit Analysis (FCBA)Benefit Analysis (FCBA)

• Will the project result in sufficient financial returns to justify the costs incurred by

the investors and operators?

Social CostSocial CostSocial CostSocial Cost----Benefit Analysis (SCBA)Benefit Analysis (SCBA)Benefit Analysis (SCBA)Benefit Analysis (SCBA)

• Will the project produce an increase in social welfare?

Page 7: Cost-benefit analysis of RetBus (Goni Ross)

TWO PROJECT ALTERNATIVES

Alternative 1: Alternative 1: Alternative 1: Alternative 1: TMB plan / Alternative 2: Alternative 2: Alternative 2: Alternative 2: Cost-reduction plan

Page 8: Cost-benefit analysis of RetBus (Goni Ross)

TRAVEL DEMAND FORECASTING MODEL

Page 9: Cost-benefit analysis of RetBus (Goni Ross)

RESULTS:

CBA

Page 10: Cost-benefit analysis of RetBus (Goni Ross)

RESULTS: SENSITIVITY ANALYSIS (I)

Page 11: Cost-benefit analysis of RetBus (Goni Ross)

RESULTS: SENSITIVITY ANALYSIS (II)

Page 12: Cost-benefit analysis of RetBus (Goni Ross)

CONCLUSIONS

Page 13: Cost-benefit analysis of RetBus (Goni Ross)

REPORT WRITING: MY EXPERIENCE

Pay attention to:Pay attention to:Pay attention to:Pay attention to:

1. Report structure

2. Report presentation

3. Writing process

4. Yourself

Page 14: Cost-benefit analysis of RetBus (Goni Ross)

a)a)a)a) Guidelines on report writingGuidelines on report writingGuidelines on report writingGuidelines on report writing****

b)b)b)b) CompletenessCompletenessCompletenessCompleteness

c)c)c)c) Quality Quality Quality Quality

d)d)d)d) BalanceBalanceBalanceBalance

REPORT STRUCTURE

1. Title page

2. Acknowledgements

3. Table of contents

4. List of tables

5. List of figures

6. Summary

7. Introduction

8. Research objectives

9. Methodology

10. Results

11. Conclusions

12. Recommendations

13. Bibliography

14. Appendices

**** Example: www.canberra.edu.au/studyskills/writing Example: www.canberra.edu.au/studyskills/writing Example: www.canberra.edu.au/studyskills/writing Example: www.canberra.edu.au/studyskills/writing

Page 15: Cost-benefit analysis of RetBus (Goni Ross)

a)a)a)a) Facilitate the job to the reader.Facilitate the job to the reader.Facilitate the job to the reader.Facilitate the job to the reader.

b)b)b)b) Explain a story, don’t present only Explain a story, don’t present only Explain a story, don’t present only Explain a story, don’t present only facts.facts.facts.facts.

c)c)c)c) Keep it simple, but also complete and coherent.Keep it simple, but also complete and coherent.Keep it simple, but also complete and coherent.Keep it simple, but also complete and coherent.

d)d)d)d) Leave out all the irrelevant information.Leave out all the irrelevant information.Leave out all the irrelevant information.Leave out all the irrelevant information.

e)e)e)e) Report formatting tools, e.g. LaTeX.Report formatting tools, e.g. LaTeX.Report formatting tools, e.g. LaTeX.Report formatting tools, e.g. LaTeX.

f)f)f)f) ProofProofProofProof----reading.reading.reading.reading.

g)g)g)g) Language review.Language review.Language review.Language review.

REPORT PRESENTATION

Page 16: Cost-benefit analysis of RetBus (Goni Ross)

WRITING PROCESS

a)a)a)a) Write when the content is fresh in your mind.Write when the content is fresh in your mind.Write when the content is fresh in your mind.Write when the content is fresh in your mind.

b)b)b)b) Start writing early. Start writing early. Start writing early. Start writing early.

� Make use of the meetings with your supervisors to write drafts of some parts

of the report and getting them reviewed (e.g. intermediate meeting report).

� Get (parts of) the report reviewed by classmates, friends, etc.

c)c)c)c) Keep track of the comments you receive from your supervisors.Keep track of the comments you receive from your supervisors.Keep track of the comments you receive from your supervisors.Keep track of the comments you receive from your supervisors.

Page 17: Cost-benefit analysis of RetBus (Goni Ross)

YOURSELF

Ten Principles to Live by (Ten Principles to Live by (Ten Principles to Live by (Ten Principles to Live by (Tony Schwartz, Harvard Business Review)Tony Schwartz, Harvard Business Review)Tony Schwartz, Harvard Business Review)Tony Schwartz, Harvard Business Review)

1. Always challenge certainty, especially your own.

2. Excellence is an unrelenting struggle.

3. Emotions are contagious, so it pays to know what you're feeling.

4. When in doubt, ask yourself, "How would I behave here at my best?"

7. Accept yourself exactly as you are but never stop trying to learn and grow.

9. You can't change what you don't notice and not noticing won't make it go away.

10. When in doubt, take responsibility.

Page 18: Cost-benefit analysis of RetBus (Goni Ross)