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Better environmental decision making - recent progress and future trends
S J T Pollard1, G J Davies, F Coley
1Cranfield University, Centre for Resource Management and Efficiency, Sustainable School of Applied Sciences, Bedfordshire, UK. s.pollard@cranfield.ac.uk
Abstract:
Recent trends in risk-based decision making are reviewed in relation to novel developments in comparative risk analysis, strategic risk analysis, weight of evidence frameworks, and participative decision making. Delivery of these innovations must take account of organisational capabilities in risk management and the institutional culture that implements decision on risk. We stress the importance of managing risk knowledge within organisations, and emphasise the use of core criteria for effective risk-based decisions by reference to decision process, implementation and the security of strategic added value.
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