The writer is very fast, professional and responded to the review request fast also. Thank you.
Question:
Your task is to develop quantifified Risk models of two Risks of interest to you. This is an academic exercise and its purpose is to make you familiar with the process of quantifified Risk modelling and to show me you understand the theory and the practice.
Write up each Risk as a case study that explains the Risk in detail and describes the proposed control measures.
Estimate/judge the values that could realistically be given to the various parameters relevant to modelling Risk and explain your reasoning to me. Dont spend inordinate amounts of time trying to justify any of the values that have to be estimated/judged in order to complete the task (eg. does a death cost $3M or is it $3.2M? Is the Exposure 20 times a year or 18?). However,ensure that you do have justifification for the values you use as I am not interested in you simply using a number with no justifification.
Use your spreadsheet to estimate the position of the Risk line, using any necessary reality checks. In other words, justify or even make a clear statement of the inadequacies of what you have done and the need for further investigation. Estimate the Risk value.
Read less
Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.
You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.
Read moreEach paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.
Read moreThanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.
Read moreYour email is safe, as we store it according to international data protection rules. Your bank details are secure, as we use only reliable payment systems.
Read moreBy sending us your money, you buy the service we provide. Check out our terms and conditions if you prefer business talks to be laid out in official language.
Read more