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19 project improvement types, project scales, and a mix of pub- decision-making process, stakeholders involved, the strate- lic and private parties involved in (and affected by) project gic and tactical factors they consider in project assessment, planning and implementation activities. We presented this and available assessment tools. Framework to the NCFRP-05 Panel, made the necessary An overview of the Freight Evaluation Framework-- revisions, and presented it to a national workshop of trans- Chapter 4 describes the guiding principles and key struc- portation planning practitioners and experts for further tural elements for presenting project costs, benefits, and review and discussion. Based on the outcome of that work- uncertainties within the Framework itself. shop, the Framework was further refined and is presented in A description of the process for testing the Framework-- this report. Chapter 5 presents six detailed case studies that illustrate how the Freight Evaluation Framework can be applied to different types of freight projects. Findings from a work- 1.2 Organization of the Report shop of national freight transportation planning, financing, The remaining sections of this report identify the key issues and implementation experts also are presented. and challenges in evaluating freight investments, current prac- Detailed guidance for using the Framework--Building tices (both public and private) in evaluating freight investments, on previous findings, Chapter 6 lays out key steps required and the data and tools available to support these decisions. to apply the Framework to evaluate potential freight Subsequent sections include the following: investments. A discussion of lessons learned and suggested topics for A description of key issues in freight planning and freight future research--Chapter 7 identifies pitfalls to avoid and project evaluation--Chapter 2 lays out a systematic struc- topics where there is need for research to further improve ture for classifying project investments, stakeholders, out- the use of the Framework. come metrics, and benefit/cost factors. Appendix E (to the contractors' final report), Workshop A summary of current practices in freight investment Participants and Presentations, is available on the project decision making--Chapter 3 describes elements of the webpage.