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BENEFITS OF AN EXTERNAL AUDIT
Models are essential to check the scientific, technical and economic value of your decisions. But they can be vulnerable when presented to society’s oversight.
An external audit helps you build trust with stakeholders and users through more transparency about the hidden assumptions in your models and decision processes.
Our procedures seek to preserve your mathematical models as a valuable tool to support complex decisions while responding to the increasing societal demands for more transparency and an integrated approach to models and decision-making processes.
We will work together with your teams to audit their models and decision-making processes through a series of quality checks.
AN EXTERNAL AUDIT CHECKS FOR
Assumptions
Hidden assumptions in the model by performing global uncertainty and sensitivity analyses.
Complexity
Impact of adding more complexity to the model on the accuracy of its predictions.
Framing
Purpose and context of the model to reveal possible hidden normative choices.
Ignorance
Unknowns hidden by the model and that can artificially limit the technology and policy options.
If you need help with modeling and decision process oversight, let’s talk!
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