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Title: CAPITAL COSTS AND RIDERSHIP ESTIMATES OF PERSONAL RAPID TRANSIT
Accession Number: 00798996
Record Type: Component
Record URL: Availability: Transportation Research Board Business Office 500 Fifth Street, NW Find a library where document is available Abstract: Preparing capital cost estimates for new transit technologies requires refining and refitting traditional estimation tools. The personal rapid transit (PRT) system project in Rosemont, Illinois--a suburb of Chicago near O'Hare International Airport--required (1) the development of estimates of PRT capital costs, (2) establishment of a reasonable cost range for the PRT system, and (3) an order-of-magnitude evaluation of existing cost projections. A method was developed to compare PRT system components (versus the entire system) with the components of existing automated-guideway transit (AGT) and automated people mover (APM) systems in North America. Seven components of the PRT, AGT and APM systems were examined: (1) guideways; (2) stations; (3) maintenance and control facilities; (4) power and utility systems; (5) vehicles; (6) command, control, and communications systems; and (7) engineering and project management. Three analysis techniques were used: (1) statistically significant regression analysis; (2) measurement of a central tendency for "comparable" systems; and (3) statistics from all AGT systems. The results show that the combination of the three techniques worked well for component-level studies and show promise for use in other cost analyses involving new technologies or application of existing technologies on a scale outside the bounds of previous experience. In addition to the cost study, a PRT ridership forecasting approach and projections were evaluated, providing another key element of decision support for potential PRT deployment in Rosemont.
Supplemental Notes: This paper appears in Transportation Research Record No. 1704, Transit: Rail Transit and Maintenance, Commuter Rail, Major Activity Center Circulation Systems, Light Rail Transit, and Ferry Service.
Language: English
Corporate Authors: Transportation Research Board 500 Fifth Street, NW Authors: Yoder, S LWeseman, S EDeLaurentiis, JPagination: p. 58-67
Publication Date: 2000
Serial: ISBN: 0309066824
Features: Figures
(11)
; References
(4)
; Tables
(5)
TRT Terms:
Alternatives analysis; Automated guideway transit; Capital costs; Communication systems; Control systems; Decision making; Deployment; Engineering; Estimates; Forecasting; Guideways; Maintenance facilities; People movers; Personal rapid transit; Power; Project management; Rail transit stations; Regression analysis; Ridership; Vehicles
Geographic Terms: Subject Areas: Administration and Management; Data and Information Technology; Energy; Operations and Traffic Management; Public Transportation; Terminals and Facilities; Vehicles and Equipment
Files: TRIS, TRB, ATRI
Created Date: Sep 22 2000 12:00AM
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