Introductory article - News developments in the evaluation of road projects

As mentioned by Friedrich Zotter in his editorial, the scarcity of financial resources is of growing importance for investment decisions. Therefore, the project appraisal is a deciding step to prove the efficiency of an investment. The assessment of road infrastructure projects has a long tradition and is now performed in many countries thanks to the co-operation between the World Road Association (PIARC) and the World Bank.