Describe the risk scenario with connection to a risk theory.

1. Describe the risk scenario with connection to a risk theory
(Risk Scenario: /The_Risk_Management_Tool_Box_Blog/post/What_is_a_Risk_Scenario/)
(Risk Theory:)
2. Evaluate the contribution that specific risk frameworks provide (discuss at least 3) (I attached 4 frameworks for you to reference)
3. Following the PRAM framework, document the process (All 7 areas) (I attached the PRAM framework for your reference)
4. Provide your solution, recommendation and limitations
5. Enrich all above answers with background research (at least 15 references)