Explain types of risk management and mitigation


Problem

Consider this scenario: Last night, a male in his early 20s was reported missing along a local body of water, a pond, river, lake, or ocean, in your jurisdiction after a night out with friends at a local bar. There is no eyewitness information about his disappearance, but a shoe resembling what he was wearing was spotted this morning on the shore of the waterway.

The city manager, police chief, local media, and the missing man's family are putting more and more pressure on fire/rescue to call in divers to search for the missing man.

After reviewing this scenario, explain types of risk management and mitigation and how they might impact decisions made concerning major issues, potential solutions, and recommendations for the given situation.

The response should include a reference list. Using one-inch margins, Times New Roman 12 pnt font, double-space and APA style of writing and citations.

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Risk Management: Explain types of risk management and mitigation
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