RISK ANALYSIS AND DECISION MAKING

Article Link

https://docs.google.com/document/d/1sa4z7h4dlbpsVGKGLmf0rDdj-OA04fAq/edit?usp=sharing&ouid=111213349060154955761&rtpof=true&sd=true

Basedonthearticle,Answer thefollowings:

Question 1. Summarizethedifferent conceptsrelatedto

1. Risk;
2. Riskmanagement.

Supportyouranswers withevidence from the text. Provide more explanation.

Question 2: Describethemethods usedtomeasure risksand theadvantagesof each method. Provide more explanation.

Question 3 : Identifythemethodusedtoaddress threats. Provide more explanation.

Question 4: Basedonthescientificriskanalysisin Question2:

1. Discusshowriskmanagementwasappliedbythe JordanValleyAuthority. Provide more explanation.
2. Identifytheproblemstheywerefacing. Provide more explanation.

Question 5: Avoiding the negative effects of risk may be harmful not only to the organization itself, but to thecitizensitservices.Provide yourrecommendationstoincreasetheinterestandsupportfororganizationsthatmanagerisk. Provide more explanation.