The problem of unpredictability in a physical system due to the incomplete
knowledge of the evolution laws is addressed. Major interest is devoted to
the analysis of error amplification in chaotic systems with many characteri
stic times and scales when the fastest scales are not resolved. The paramet
rization of the unresolved scales introduces a non-infinitesimal uncertaint
y (with respect to the true evolution laws) which affects the forecasting a
bility on the large resolved scales. The evolution of non-infinitesimal err
ors from the unresolved scales up to the large scales is analysed by means
of the finite-size Lyapunov exponent. It is shown that proper parametrizati
on of the unresolved scales allows one to recover the maximal predictabilit
y of the system.