Forest management policy decisions in Australia have caused considerable conflict during the last five decades. The Lake Pedder and Frankling River issues are some of the most prominent forest policy conflicts in Australia (Kellow 1989). Lack of knowledge of stakeholders’ values and attitudes, conflicting and multiple objectives of stakeholders, and difficulties in quantifying economic, environmental, recreational and other values pose a considerable challenge in developing appropriate forest management strategies. These problems have also hindered adequate participation of stakeholders in policy decisions.