In the lecture block, we look at the decision-making process for infrastructure resilience. We start by identifying which interventions can reduce asset risk and improve infrastructure network resilience. Having identified these interventions, we will discuss and evaluate different ways to decide what interventions are most suitable. We cover traditional evaluation approaches (cost-benefit analysis) as well as frameworks that look at making optimal decisions under uncertainty. Finally, we bring these elements together and explain processes for good decision-making by including stakeholders, deciding upon tolerable thresholds and identifying adaptation pathways.

Lecture 14 was written by Jasper Verschuur and Aman Majid, Oxford University.