An accurate, rapid, and reliable methodology for identifying material properties of pavements modeled as layered viscoelastic halfspaces subjected to dynamic excitation is developed. The methodology is based on the forward model of system identification. The Modulus of elasticity of each layer, the damping in each layer, and the slope of the creep curve for the top layer are selected as the parameters to be identified. The validity and accuracy of the proposed methodology is demonstrated by several numerical experiments involving simulated changes in the selected pavement parameters. Iterative procedures developed to solve nonlinear problems which arise in estimating the pavement parameters are presented.