Addressing Risk and Uncertainty in Planning Ecological Restoration Projects
Abstract:
Corps of Engineers planners have been required to consider risk and uncertainty since the Principles and Standards Act of 1972. The Actions for Change are increasing the Corps of Engineers reliance on risk-informed analysis and decision making. An informal review of the Corps experience with ecosystem restoration plans has shown few, if any, systematic efforts to address the often significant uncertainties encountered in estimating and quantifying environmental benefits. Better evaluation of these uncertainties and consequent project risks will improve the quality of ecosystem restoration planning efforts. The purpose of this technical note is to encourage the systematic and routine consideration of uncertainty when estimating environmental benefits of ecosystem restoration projects.