Bus 377 Short Discussion Answer

Bus 377 Short Discussion Answer

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

  • A supportive organization.
  • Competent people.
  • Appropriate methods, tools, and techniques.
  • Simple, scalable processes.

Determine—from the reading of the textbook—three obstacles (such as a risk-ignoring culture) for an organization to manage risk effectively. Suggest strategies from the perspective of a project manager to avoid the obstacles.

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