Question: Question: Suggest 8 risk management techniques that could be used to manage adverse rail incidents for train passenger. Please give me example of situation for

Question: Suggest 8 risk management techniques that could be used to manage adverse rail incidents for train passenger. Please give me example of situation for each of it.

The risk management techniques could be:

-Avoidance -Prevention -Pre-loss reduction -Duplication -Separation -Salvage -Insurance

- Contract risk transfer (state specifically how)

Example of answer:

Diversification A teacher can advise her students who are going to attend a school

outing activity to use different modes of transports (such as public bus or taxi) other

than train to get to the destination so that if a rail accident happens, only students

travelling by train will get involved while other students will be safe

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