Evaluation of the CBA 3.0 Methodology in the Context of Determining Fuel Consumption for New Road Infrastructure

Efficient determination and expansion of transport capacity is now becoming crucial for the economic growth and efficient management of any business in the transport sector. The aim of investing in transport is to create beneficial social effects such as reducing transport costs, reducing travel times, eliminating accidents or other adverse environmental impacts of transport. By evaluating the specific steps of applying the CBA (Cost-Benefit Analysis) methodology to address fuel consumption in a company's transport infrastructure using a model project as an example, we can determine its role in determining an effective investment project solution. A comprehensive analysis of the CBA methodology and its implementation on a specific project, focusing on the calculation of fuel consumption using available data and traffic surveys, brought a new dimension of data analysis. Using the software, we investigated how the selected factors affect fuel consumption and the economic viability of the project. The comprehensiveness of conducting cost-benefit analyses served as a basis for decision making and investment decisions in accordance with the CBA methodology.