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threshold reference point (ThRP)

Indicates that the state of a fishery and/or a resource is approaching a target reference point (TRP) or a limit reference point (LRP), and that a certain type of action (usually agreed beforehand) needs to be taken. Fairly similar to a LRP in their utility, the ThRP specific purpose is to provide an early warning, reducing further the risk that the LRP or TRP are inadvertently passed due to uncertainty in the available information or inherent inertia of the management and industry systems. Adding precaution to the management setup, they might be necessary only for resources or situations involving particularly high risk.

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