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Risk management and risk assessment differ where?
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- 1. Discuss the Risk Management Strategy explained within the National Infrastructure Protection Plan (NIPP) ?How can the tourism industry reduce & eliminate probable risks in Covid 19 situation?P1 What are the risk evaluation theories and practices associated with the management of a new maintance engineering company.
- Analyse the significance of event identification in risk managementPropose an initial risk register (Table form with 7 risks) Barbados GIS – The United Nations Food and Agriculture Organization (FAO) has collaborated with the Ministry of Maritime Affairs and the Blue Economy, and local business Adams Aquafarms, on a project to train persons in aquaponics. Aquaponics is a sustainable way of integrating land-based fish farming with plant production. Both are placed in a tank, and the set up allows for them to coexist, with the waste produced by the fish fertilizing the plants, while the plants purify the water for the fish. The training, funded by the FAO, will take place at a demonstration facility, located at Adams Aquafarms, Hopewell, St. Thomas. The FAO is currently targeting 30 entrepreneurs and 10 teachers. Minister of Maritime Affairs and the Blue Economy, Kirk Humphrey, believes the project will be “transformative”, as it has the potential to empower Barbadians. “In aquaponics, you have the opportunity to have, at the same time, multiple sources…Subject:Risk and Risk Management Distinguish between risk probability, risk impact and risk exposure. Include their impact on Risk Analyses within your answer.