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Increasing Preparedness for Extreme Events using Plausibility-Based Scenario Planning: Lessons from COVID-19
1Middlesex University Business School, London, UK.
Risk Analysis : an Official Publication of the Society for Risk Analysis
|September 21, 2021
Summary
Pandemic preparedness is often low due to uncertainty. Focusing on plausibility through scenario planning can improve readiness for extreme global events.
Area of Science:
- Risk analysis
- Policy studies
- Pandemic preparedness
Background:
- COVID-19 highlighted global underpreparedness for pandemics.
- Government planning horizons are short-term, limiting focus on long-term threats.
- Uncertainty regarding pandemic nature, timing, and impact hinders preparedness.
Purpose of the Study:
- To explore how plausibility-based scenario planning can enhance preparedness for extreme events like pandemics.
- To address the limitations of traditional risk assessment for low-probability, high-impact events.
- To contribute to "type B" risk science focused on uncertainty communication.
Main Methods:
- Analysis of policy-making limitations in preparedness.
- Exploration of plausibility-based scenario planning as a risk management tool.
- Literature review on risk science and uncertainty communication.
Main Results:
- Low perceived probability and high uncertainty inhibit pandemic preparedness.
- Plausibility-based scenario planning offers a method to address extreme event uncertainty.
- This approach can reduce overconfidence in "business-as-usual" and promote precaution.
Conclusions:
- Plausibility-based scenario planning is a valuable, underutilized method for enhancing pandemic preparedness.
- Effective communication of uncertainty is crucial for improving risk management of extreme events.
- Adopting precaution is essential in the aftermath of pandemics.
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