Policy and regulatory option appraisal is one of the methods used by Risk Sciences International to better manage risk.
Broadly
Option appraisal compares policy or regulatory interventions to determine which best achieves risk management objectives. It may include cost-benefit analysis, risk reduction potential, feasibility, and equity impacts. Appraisal helps prioritize actions, justify decisions, and align with legislative mandates. Its complexity depends on the scope, evidence base, and political context.
More specifically
RSI conducts structured option appraisals for clients in health, environment, and public safety sectors. The firm integrates qualitative and quantitative methods, engages stakeholders, and provides comparative visualizations. RSI ensures that results are policy-relevant, actionable, and transparent to decision-makers and affected parties alike.