Term sheet


  • Dictionary : PIARC Road Dictionary/ English
  • Theme : Operations / Transport / Sustainable Transport
  • Definition : Factor by reference to which a decision is taken.
    1. Cost-benefit may be used as the sole criterion. In other cases, multicriteria analysis may be carried out, possibly incorporating cost-benefit as one of the criteria.
    2. Decision-making criteria are often broken down into monetized criteria and non-monetized criteria.

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