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.


    Access

    Download

    Check availability in my library

    Order at Subito €


    Export, share and cite



    Title :

    Capital Costs and Ridership Estimates of Personal Rapid Transit


    Additional title:

    Transportation Research Record


    Contributors:


    Publication date :

    2000-01-01




    Type of media :

    Article (Journal)


    Type of material :

    Electronic Resource


    Language :

    English



    Capital Costs and Ridership Estimates of Personal Rapid Transit

    Yoder, S. L. / Weseman, S. E. / DeLaurentiis, J. et al. | British Library Conference Proceedings | 2000



    The accuracy of transit system ridership forecasts and capital cost estimates

    Button, K.J. / Doh, S. / Hardy, M.H. et al. | British Library Online Contents | 2010


    Ridership drivers of bus rapid transit systems

    Hensher, David A. / Li, Zheng | Online Contents | 2012


    Ridership drivers of bus rapid transit systems

    Hensher, David A. / Li, Zheng | Online Contents | 2012