Traditional Considerations for Investment Evaluation, discusses Limitations of Traditional Considerations, Assumptions in using Asset Value in Investment Evaluation, Expression of Asset Value, Methodologies for assessing Short-term and Long-Term impacts of investments on asset value, and Importance of Asset Valuation in Investment Evaluation. Presented at the 9th National Conference on Transportation Asset Management: Making Asset Management Work in Your Organization, April 16-18, 2012, San Diego, California.