INTERIM DECISION ADOPTING THE MULTIATTRIBUTE APPROACH (OR UTILITY EQUIVALENT FEATURES) AND DIRECTING UTILITIES TO TAKE STEPS TOWARD A MORE UNIFORM RISK MANAGEMENT FRAMEWORK Summary Consistent with the directives established by Decision 1412025, this decision, other things: Adopts the Cycla Corporation (Cycla) 10-Step Evaluation Method as a common yardstick for evaluating the maturity of San Diego Gas & Electric Company, Southern California Gas Company, Southern California Edison Company, and Pacific Gas and Electric Company (utility) risk assessment and mitigation models; Approves common elements of existing utility models to the extent that they provide a to more “bridge” sophisticated and administratively efficient multiattribute risk analysis; On an interim basis, adopts the Joint Intervenor Approach (or utility equivalent features) “MultiAttribute” and directs utilities to take steps toward a more uniform approach to risk management in the second phase of this proceeding; Directs utilities to drive” the MultiAttribute “test Approach using real world problems before full scale adoption of any methodology; Directs utilities to share results of pilots that highlight equivalent features of the MultiAttribute Approach; Directs stakeholder working group to promote appropriate data collection, calibration of subject matter expertise, and development of performance metrics and benchmarking procedures; Adopts Working Group Lexicon Proposal;
INTERIM DECISION ADOPTING THE MULTIATTRIBUTE APPROACH (OR UTILITY EQUIVALENT FEATURES) AND DIRECTING UTILITIES TO TAKE STEPS TOWARD A MORE UNIFORM RISK MANAGEMENT FRAMEWORK Summary Consistent with the directives established by Decision 1412025, this decision, other things: Adopts the Cycla Corporation (Cycla) 10-Step Evaluation Method as a common yardstick for evaluating the maturity of San Diego Gas & Electric Company, Southern California Gas Company, Southern California Edison Company, and Pacific Gas and Electric Company (utility) risk assessment and mitigation models; Approves common elements of existing utility models to the extent that they provide a “bridge” to more sophisticated and administratively efficient multiattribute risk analysis; On an interim basis, adopts the Joint Intervenor “MultiAttribute” Approach (or utility equivalent features) and directs utilities to take steps toward a more uniform approach to risk management in the second phase of this proceeding; Directs utilities to “test drive” the MultiAttribute Approach using real world problems before full scale adoption of any methodology; Directs utilities to share results of pilots that highlight equivalent features of the MultiAttribute Approach; Directs stakeholder working group to promote appropriate data collection, calibration of subject matter expertise, and development of performance metrics and benchmarking procedures; Adopts Working Group Lexicon Proposal;
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