Explain concisely in your own words what you believe are the key features of an EP approach, comparing these features with the IRM Risk Management Standard. Focus your explanation on the Concept Stage of the project lifecycle. Very briefly explain what the key features of the EP approach and the main differences with the IRM Risk Management Standard. In this section, it is important that you show your understanding of the four frameworks and how they are interrelated. In your narrative explain how you would approach a new project using the four frameworks. Feel free to use examples to demonstrate your understanding of the subject.