Students are asked to identify one risk they are exposed to (can be real or made-up) and design a risk management program to handle this specific exposure. Use the concepts you have learned about in this class to write an essay style paper on this risk.

For example you can start off by using concepts of risk classification, is it a speculative vs. a pure risk? Explain why. What about the exposure, the peril and the hazard and what kind of risk management instruments do you use to manage the risk currently? Could think about implementing a risk management program and/or try other risk management instruments? Is there insurance available for this risk and if yes, what kind of coverage seems to make most sense? Use the concepts from the lecture.