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What are the direct costs and benefits of these decisions and how might they be estimated?

Assignment B:

If you choose Assignment B your answer might be similar to your answer to Assignment A if you had chosen it – but not necessarily. This assignment allows you greater flexibility to approach the question in your own way and according to your own understanding of the subject. Your assignment question is:

a) What are the key risk management decisions?

b) What are the direct costs and benefits of these decisions and how might they be estimated?

c) What are the indirect costs and benefits and how might they be estimated? Hint: There is no universally agreed answer to part a) of the question – but, however you approach part a), keep your answers to parts b) and c) on the same track.

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