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(5) P-1 CO Answer any five of the following questions.Calculators are allowed. 1 a) Conceptually, define Risk and its components. With the help of diagram,

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(5) P-1 CO Answer any five of the following questions.Calculators are allowed. 1 a) Conceptually, define Risk and its components. With the help of diagram, highlight the trade-off between the components of risk. b) Briefly explain the table below. (5) TABLE 17-1. CONCISE DEFINITIONS OF RISK, ISSUE, AND PROBLEM line Probability Consequence The Frame Ruk 0

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