Advancing competency in managing risk and knowledge: Steps toward operationalisation of the Risk-Knowledge Infinity Cycle (RKI Cycle) - Part 1: Improving effectiveness of Risk-Based Decision Making (RBDM)

To date, literature on the Risk-Knowledge Infinity Cycle (RKI Cycle) has mainly been theoretical. This paper series intent is to focus on the operationalisation of the RKI Cycle by describing a series of steps – the “How to” – for RKI Cycle deployment, to help move the RKI Cycle from theory to practice. The first paper in this series focuses on how the RKI Cycle can support effective Risk-Based Decision Making (RBDM).