Helping decision-makers see the risk—and what to do about it
Risk-Based Decision Making
A risk-informed approach enables risk managers to make evidence-based decisions and allocate resources proportionate to the risk posed. Risk-based decision-making enables organizations to plan, explain and justify their allocation of effort, attention, and resources and make consistent decisions in response to identified risks.
How RSI delivers Risk-Based Decision Making
RSI works with clients to understand the organizational need and expectations for risk-based decision making. RSI then customizes risk-based decision-making that address foundational aspects, such as tolerability of risk and stakeholder engagement policies, and process-oriented elements such as a risk management process and risk assessment methods.
Why RSI is trusted to deliver
RSI has extensive experience with numerous mutlilateral, federal, provincial, and state regulatory agencies in the application of new risk-based decision-making regimes as regulatory bodies seek to demonstrate efficient resource allocation and proportionate response to risks. This experience includes applications in food, water, air, occupational health and safety, construction disciplines, drugs, therapeutic products, blood safety, telecommunications, regulated technologies, and consumer protections such as financial products, legal metrology, and privacy protenction among others. Among RSI and RSI’s experts work one finds . . . . the development of a risk-informed decision-making framework for the international Alliance of Blood Operators, which included foundational policy elements, structures for decisions on health risk assessment, health economics risk assessment, and risk tolerability evaluation.
