An RSI Managing Risk method
Application of decision criteria under uncertainty
Broadly
Decision-making under uncertainty requires applying specific criteria—such as the precautionary principle, minimax regret, or expected utility—to guide action when data are incomplete or ambiguous. These criteria help structure judgment and make explicit the trade-offs between action, inaction, and different levels of risk tolerance. This method supports robust and transparent decision-making but requires shared understanding of acceptable risk levels.
More specifically
RSI supports clients in selecting and applying decision criteria suited to their context and risk appetite. Its team facilitates structured decision-making processes, often involving stakeholder consultation and uncertainty modeling. RSI ensures that chosen criteria are clearly articulated, consistently applied, and documented in a way that supports both accountability and future learning.