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Operations Research, Systems Engineering and Industrial Engineering Commons

Open Access. Powered by Scholars. Published by Universities.®

2015

Civil and Environmental Engineering

Decision analysis

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Full-Text Articles in Operations Research, Systems Engineering and Industrial Engineering

Value Focused Inland Waterway Infrastructure Investment Decisions, Othman Boudhoum Jul 2015

Value Focused Inland Waterway Infrastructure Investment Decisions, Othman Boudhoum

Graduate Theses and Dissertations

Maritime transportation functions as the backbone of world trade. The U.S. inland waterway transportation system is comprised of 12,000 miles of navigable waterways that connect and move freight between the global supply chain and thirty eight States. When investing in inland waterway infrastructure, we should aim to maximize all benefits associated with the investment including flood protection, water supply, hydropower generation, recreation, and environmental impact benefits. We formulate an initial qualitative value model for the inland waterway infrastructure investment decision based on a value-focused thinking approach which allows us to holistically evaluate project investment alternatives. Given limited resources, a portfolio …