There are four (4) critical success factors that are important for effective risk management:

Need for Risk Management

  • There are four (4) critical success factors that are important for effective risk management: supportive organization; competent people; appropriate methods, tools and techniques; and simple, scalable processes. Determine three (3) obstacles for an organization to manage risk effectively. Suggest strategies from the perspective of a project manager to avoid the obstacles.
  • After posting your response, respond to at least one (1) of your classmates on their suggestions.

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