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Earthquake hypocentral location is perhaps the most classical problem in seismology, the solution of which is often affected by significant uncertainty. In monitoring the effects of underground anthropogenic activities, the earthquake hypocentral location, magnitude, and ground motions are important parameters for managing induced seismicity (as e.g., for operating traffic‐light systems). Such decisional systems define the operative reactions to be enacted once an earthquake, exceeding some magnitude or ground‐motion threshold, occurs within a monitoring volume defined in the neighborhood of a certain anthropogenic underground activity. In this case, a reliable evaluation of the hypocentral location, along with its uncertainty, becomes crucial for rational decision making. In this article, we analyze different sources of uncertainty that can be relevant for the determination of earthquake source locations, and …