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TRL4861 ASSIGNMENT 2 ANSWERS [SEMESTER 2:2023] 95%
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Assignment 02Assume you are a transport procurement expert. You were given a project to evaluate the
Rea Vaya infrastructure project in Gauteng. Use all the transport project evaluation tools to
determine the success of the whole project. In your answer, you must discuss in detail the
following:
a. Which are the methods you are going to use
b. how are you going to apply those methods
c. Being a transport project, which approach is the most appropriate and why? (25)
a) the methods typically employed in transport project evaluation and provide
guidance on their application.
Here are some commonly used methods for evaluating transport projects:
Cost-Benefit Analysis (CBA): CBA is a widely used method for evaluating the
economic efficiency of a transport project. It involves quantifying the costs and
benefits associated with the project and comparing them over a specified time
period. The net present value (NPV) and benefit-cost ratio (BCR) are often
calculated to determine the project's financial feasibility and overall desirability.
Multi-Criteria Analysis (MCA): MCA is a method that considers multiple criteria or
objectives when evaluating a transport project. It involves defining a set of criteria,
such as economic, social, environmental, and technical factors, and assigning
weights to each criterion based on stakeholder preferences. The Analytic Hierarchy
Process (AHP) and the Technique for Order Preference by Similarity to Ideal
Solution (TOPSIS) are commonly used MCA techniques.
Environmental Impact Assessment (EIA): EIA is a process that evaluates the
potential environmental impacts of a transport project. It considers factors such as air
and noise pollution, habitat disruption, and ecological sustainability. EIA helps
identify potential impacts, propose mitigation measures, and ensure compliance with
environmental regulations.
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