Multi-party Risk and Uncertainty Management Process (MRUMP)
for Local Environmental Management
Project Leader
WATANABE Tsunemi, Ph. D.
Professor, Economics and Management
Objective
Consensus building among key stakeholders in local environmental management is an urgent but difficult
issue in many parts of the world. The application of the concept of multi-party risk and uncertainty
management process (MRUMP), which was originally developed for better risk management for aninfrastructure project by the author’s team, seems an effective way of achieving consensus building. The
objective of this research is to develop a methodology of applying the concept of MRUMP to achieveconsensus building for better local environmental management.
ProjectProject Outline
1) The objective of the MRUMP is to find a solution with multi-party risk efficiency. A risk efficient solution
is one which simultaneously minimizes both expected value and variance of impacts for each stakeholder.
Here, the latter of variance of impacts is called risk. Multi-party risk efficiency is the concept of risk
efficiency extended to multiple parties.
2) The first tasks in this project are to survey the current situation of local environmental management and toformulate some environmental management problem as a risk management problem. These tasks include
identifying the behavioral objectives for each key stakeholder and the risk factors that hinder the achievementof those objectives, and structuring the relationship among the identified objectives and risk factors.
3) The second task is risk analysis. i.e. to quantify effectiveness and discuss multi-party risk efficiency
associated with alternative responses. To do so, an attempt should be made to obtain the expected impact andrisk associated with each stakeholder's response. Here impacts represent how little of a behavioral objective isachieved for each stakeholder. To obtain the desired impact and risk, various simulation models have to be
developed or applied such as water or air quality modeling.
4) The third task is to explore means of implementing the derived response. This in turn requires discussionof means of loosening constraints on the implementation of the response, such as modifications of law orpolicy in the society or in each organization.
References
References
1.

2.

Piriya Uraiwong and Tsunemi Watanabe, “Stakeholder Analysis of Water Resources Projects inThailand,” Journal of Society for Social Management Systems, SMS11-5587, Society for Social
Management Systems, 2011
Jirapong Pipattanapiwong and Tsunemi Watanabe, “An Effective Risk and Uncertainty Management
Process for Infrastructure Projects: Development of Multi-Party Risk and Uncertainty Management
Process,” Journal of Society for Social Management Systems, SMS09-119, Society for Social
Management Systems, 2009

3.

Jirapong Pipattanapiwong and Tsunemi Watanabe, “Applicability of Multi-Party Risk and Uncertainty
Management Process: Benefits from its Application on an Infrastructure Project,” Journal of Society forSocial Management Systems, SMS09-120, Society for Social Management Systems, 2009

See our admission guidelines:
https://www.kochi-tech.ac.jp/english/admission/ssp_aft19oct/ssp_application_guideline.html
Contact
E-mail: watanabe.tsunemi@kochi-tech.ac.jp