Decision Rights

The formal allocation of authority to make specific decisions within an organization. Clear decision rights establish who has input to decisions, who makes decisions, and who is accountable for outcomes. In RBPM, decision rights are formalized through the RACI model, clarifying who is Responsible, Accountable, Consulted, and Informed for each strategic objective, key risk, and control. Well-defined decision rights ensure that risk-taking decisions are made at appropriate organizational levels within established appetite boundaries.