Provide an example of a cost-benefit analysis in terms of fire safety risk assessment. This could be personal or professional. Provide costs

Using the following questions, write a focus paper. Use APA 7th edition formatting. There is no length requirement, but you must be thorough and informative.

Part 1: In all aspects of our lives we are weighing cost-benefit of specific actions, whether consciously or subconsiously. This is especially true in regards to risk assessment, for example, there is a risk in driving to work each morning, we do so because internally, the costs of doing so (probability of getting in an accident, cost of gas, stress of traffic, etc.) does not outweigh the benefits (getting paid, keeping job, providing for family, personal satisfaction, etc.).

Provide an example of a cost-benefit analysis in terms of fire safety risk assessment. This could be personal or professional. Provide costs and provide benefits and provide your own subjective opinion on which one outweighs the other.

Part 2: What is engineering judgment? What does it mean to you personally? Does your ability to make engineering judgment scare you? How can you handle it on a personal basis?

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