risk management cycle

Q1: Explain AND evaluate the arrangements for dealing with EACH stage of the risk management cycle
a) An organisation (or part of an organisation) of your choice (150 words)
b) disaster of your choice (150 words)

Q2: Explain with example, the key variables and estimation processes involved in applying the net present value (NPV) appraisal technique to
a) A typical business project.
b) A loss control project.
c) Risk financing arrangements.
(200 words for this question)