26. Paper 4: Alternative (or complementary) methods to CBA for impact assessment of transport infrastructure Outline: A reminder on public project selection Introduction to alternative and complementary methods to Cost-Benefit Analysis (CBA) Cost-Effectiveness analysis (CEA) Planning Balance Sheet (PBS) Multi-Criteria Analysis (MCA)

27. Planning balance sheet (PBS):

28. Multi Criteria Analysis (MCA)

29. Paper 3: EIA in the road sector: Introduction Some key figures of Norwegian road infrastructure The role of Impact Assessment (IA) in road planning The Norwegian framework for Impact Assessment –An introduction –Range of impacts included in the IA –Valuation of impacts –Monetary values used –Criteria for socioeconomic profitability –Sensitivity analysis –Concluding remarks

30. Impacts of road projects IMPACTS Measured in monetary units Described impacts Construction costs Maintenance/operating Vehicle operating costs Travel time Accidents Noise nuisance Local air pollution Land use Pollution Perceived barrier and risk Ecological effects Visual intrusion Disruption impacts Landscape Wildlife Net Present Value Benefit-cost ratio The importance of change in these impacts are described by using a gliding scale comprising plusses (++) and Minuses (--). The scale is in nine intervals ranging from very negative (----) to very positive (++++).

33. Paper 2 (continued), application: New/expanded terminal building at Stavanger airport, Sola (SVG) The terminal building is the limiting growth factor Traffic is transferred to less attractive slots, later on to other transport modes, while traffic with less WTP is deterred from travelling. Main benefits of a new terminal building: Travel time savings of avoiding transport to neighbouring airports/avoided deterrence.

34. The main benefits are saved travel time when travelling from Sola instead of using alternative routes. Without the new terminal, the capacity constraint will force people to use other routes (via road, rail or other airports) The following main data have to be recognised:  The share of business/other travellers and the VOT.  Origin/Destination matrix  Time costs and other costs on alternative routes.  The share of the market that give up travelling when the capacity constraint is in effect.  Reduced delays Main benefits from terminal building:

35. New terminal at Sola (SVG), economic impacts and financial cash flows