Use of Multicriteria Methods for Assessment of Transport Projects

Abstract

This paper attempts to consider some key elements of the transport assessment process in order to present and compare the most commonly applied multicriteria methods to be used in the assessment of transport projects. This comparative analysis is based on the performance of the methods with respect to transparency, simplicity, robustness, and accountability. To assist the comparison, an application example consisting of three transport projects in Greece is used. Finally, the methods' advantages and disadvantages are systematically presented so as to allow for the decision maker to draw definite conclusions on the appropriateness of each method for the different fields of transport appraisal.