Circumspection (noun)

1. Careful consideration of all circumstances and likely consequences before acting.
2. Prudence in taking action or making decisions.

Origin:

Late middle english: from latin circumspectio(n-), from circumspect- "looked around", from the verb circumspicere, from circum "around" + spicere "to look".

Examples:

1. He acted with circumspection, carefully considering all the possible consequences of his actions.
2. The company's decision to expand was made with circumspection, taking into account the current economic conditions.
3. He is known for his circumspection, never acting impulsively.
4. She advised him to approach the matter with circumspection, as there were many potential pitfalls.
5. The lack of circumspection in his actions led to his downfall.