Risk management & decision-making under uncertainty

Risk and uncertainty are a reality of doing business.
Change the mindset in your organisation from minimising loss to maximising opportunity.

Risk & decision-making services

 
We can help with:

Risk management

Risk mitigation

Adaptation

Decision-making frameworks

Investment prioritisation

Evaluation of resilience investments

Risk communication

Natural hazard risk and resilience

Climate change risk and adaptation

Disaster mitigation

How do you balance the pressing needs of today with the looming uncertainty of tomorrow?

In an uncertain and complex world, it can be hard to feel confident about your risk management and decision-making processes.

We can work with you to build robust and transparent risk management and decision analysis tools that reflect your organisation's values, priorities, and uncertainties you face. We aim to build your organisation's resilience to future change and uncertainty.

We don’t ignore the unknowable - we build it into risk management and decision-making processes.

Stalled by uncertainty?

Examples of our work

building-prioritisation

Building investment prioritisation framework

Organisations are always needing to do more with less. 

We worked with Canterbury District Health Board to help prioritise their seismic repair and retrofit programme following the 2010-2011 Canterbury earthquakes. 

We developed a framework to balance parallel and competing objectives including a) life safety risk related to seismic hazards, b) risks from other hazards, and c) the ongoing need to effectively and efficiently provide services to their clients.  Pilot application of the framework resulted in reprioritisation of 75% of the original budget.

Read More
DAMAGE Report

Full cost accounting

In partnership with Market Economics, we have developed an enhanced benefit-cost analysis framework for application to resilience-building decisions.  

This framework helps to better and more comprehensively value risk and resilience decisions, leading to more comprehensive evaluations and better long-term resilience outcomes for both businesses and the community.

Read More

Thank you all very much for your work and support in managing our seismic risk and decision-making across Sanford. The papers you presented were a wonderful representation of the expertise and thorough thinking that has gone into this framework and our Executive team is most appreciative.

Karen Duffy
Chief People Officer
Sanford Ltd

MERIT_sq

Economic evaluation of resilience investments

We are a proud partner in MERIT, a team of researchers and consultants specialising in the end-to-end evaluation of resilience investments.

We have created a state-of-the-art economic evaluation model, alongside expertise in decision-making in high impact, low probability events.

We recently applied MERIT to a study of fuel security in New Zealand and the development of a resilience investment programme.

Read More

Evaluating and communicating risk-based decisions

In this project, we helped a large client reconcile the diverse and competing views around the ongoing occupancy of a building subject to rockfall risk. We developed a step-by-step assessment process to focus the stakeholders on the key issues at hand, including the nature and scale of the natural hazard risk (including uncertainty), whether activities carried out at the site could be completed elsewhere, the strategic value of the activities undertaken, and cost and risk factors beyond rockfall risk.

Clear and concise communication of the risk and decision process was critical in enabling our client to communicate effectively with their team to engage all in the decision process.

Examples of our work

Evaluating and communicating risk-based decisions

In this project, we helped a large client reconcile the diverse and competing views around the ongoing occupancy of a building subject to rockfall risk. We developed a step-by-step assessment process to focus stakeholders on the key issues at hand, including the nature and scale of the natural hazard risk (including uncertainty), whether activities carried out at the site could be completed elsewhere, the strategic value of the activities undertaken, and cost and risk factors beyond rockfall risk.

Clear and concise communication of the risk and decision process was critical in enabling our client to communicate effectively with their team to engage all in the decision process.

MERIT_sq

Economic evaluation of resilience investments

We are a proud partner in MERIT, a team of researchers and consultants specialising in the end-to-end evaluation of resilience investments.

We have created a state-of-the-art economic evaluation model, alongside expertise in decision-making in high impact, low probability events.

We recently applied MERIT to a study of fuel security in New Zealand and the development of a resilience investment programme.

Read More
building-prioritisation

Building investment prioritisation framework

Organisations are always needing to do more with less. 

We worked with Canterbury District Health Board to help prioritise their seismic repair and retrofit programme following the 2010-2011 Canterbury earthquakes. 

We developed a framework to balance parallel and competing objectives including a) life safety risk related to seismic hazards, b) risks from other hazards, and c) the ongoing need to effectively and efficiently provide services to their clients.  Pilot application of the framework resulted in reprioritisation of 75% of the original budget.

Read More
DAMAGE Report

Full cost accounting

In partnership with Market Economics, we have developed an enhanced benefit-cost analysis framework for application to resilience-building decisions.  

This framework helps to better and more comprehensively value risk and resilience decisions, leading to more comprehensive evaluations and better long-term resilience outcomes for both businesses and the community.

Read More

Thank you all very much for your work and support in managing our seismic risk and decision-making across Sanford. The papers you presented were a wonderful representation of the expertise and thorough thinking that has gone into this framework and our Executive team is most appreciative.

Karen Duffy
Chief People Officer
Sanford Ltd

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