The following are benefit and cost categories that are relevant to the determination of net benefits of an initiative, are not generally monetised.
Benefit / Cost |
Visual / landscape |
Social amenity, e.g. parklands |
Social cohesion |
Heritage or cultural impacts |
These non-monetised benefits/costs should be discussed after the monetised CBA results. Refer to Appraisal Summary Table 4 for the required template.
Each non-monetised benefit/cost shall be rated using the rating scale in the table below. The descriptions in the following table will assist in making appropriate rating selections.
Rating Level | Description |
Highly beneficial | Major positive impacts resulting in substantial and long-term improvements or enhancements of the existing environment. |
Moderately beneficial | Moderate positive impact, possibly of short, medium or longer-term duration. Positive outcome may be in terms of new opportunities or outcomes which enhance or improve on current conditions. |
Slightly beneficial | Minimal positive impact, possibly only lasting over the short-term. May be confined to a limited area. |
Neutral | Neutral—no discernible or predicted positive or negative impact. |
Slightly detrimental | Minimal negative impact, probably short-term, able to be managed or mitigated, and will not cause substantial detrimental effects. May be confined to a small area. |
Moderately detrimental | Moderate negative impact. Impacts may be short, medium or long-term and impacts will most likely respond to management actions. |
Highly detrimental | Major negative impacts with serious, long-term and possibly irreversible effects leading to serious damage, degradation or deterioration of the physical, economic or social environment. Requires a major re-scope of concept, design, location, justification, or requires major commitment to extensive management strategies to mitigate the effect. |