State and federal budgets are squeezed tighter than ever before as various constituencies compete for a limited—often shrinking—pool of funding. Allocating scarce public monies to the projects that yield the best return for taxpayer investment is especially critical today.
PwC surveyed five countries—the UK, Australia, Japan, Sweden, and Canada—to analyse their transportation investment decisions.
The research illustrates that transportation investment frameworks need to align policy objectives with investment resources using transparent, accountable processes. Performance-based metrics can rank projects based on their ability to deliver the greatest value.