There have been recently introduced new types of urban metro vehicles called LRT (Light Rail Transit) running on elevated guideway such as Uijeongbu VAL(which stands for V$acute{e}$hicule Automatique L$acute{e}$ger: Automatic Light Rail Vehicle) system, Yong-In LIM(Linear Induction Motor) system, Incheon international airport MAGLEV(Magnetic Levitated Vehicle) system and Daegu monorail system. Most of accidents by the vehicles are bound to happen on elevated guideway. Therefore, it is of vital importance to analyze hazards related to vehicles running on elevated guideway and study emergency evacuation scenarios applicable in case of accidents on elevated guideway so as to secure the safety of the new types of urban metro vehicles. In this study, FTA(Fault Tree Analysis) model was developed to identify all possible hazards, and all possible evacuation scenarios were studied. It was also confirmed that each hazard can be corresponded to one or more evacuation scenarios. This result shows that passengers can be evacuated according to one of the scenarios identified in this study in case of an accident of "Train Stranded on Elevated Guideway".