Road Safety: Treatment of Crash Locations Flashcards
What are treatment of crash locations?
Reactive process, responding to an existing crash problem
Improving the safety of known crash locations?
How does a road safety audit differ from treatment of crash locations?
Road safety audit is a proactive process, avoiding future crashes.
What is Haddon’s Matrix?
Injury prevention through:
Reduce safety risk - priority for pedestrians
Reduce energy - limit speeds
Reduce potential - Road design, barriers, medians, visibility
Improve emergency response
How do we evaluate costs & benefits?
Benefit-cost analysis
What is the Present Value (PV) of a single cash flow?
P=F/(1+r)^n
What is the PV of an Annuity?
An=((1-(1+r)^-n)/r)*R
What is the Benefit Cost Ratio (BCR)?
BCR=(PV Benefits)/(PV Costs)
What is the Net Present Value (NPV)?
NPV=PV Benefits-PV Costs