Examine the competencies and skills needed for effective risk management based on challenges at a given company.

In this assignment, you will develop a risk matrix that analyzes key risks from one of the mini-case studies. You will analyze the cause of each risk, estimate its probability of occurrence and its potential impact, and recommend a response to each risk. You will also analyze the skills and competencies needed by team members in order to effectively manage project risk.

Write a 3–4-page paper in which you:

Develop a risk matrix that identifies each risk, describes the cause of it, estimates the probability of occurrence and the impact, and provides a recommended response.
Discuss at least three skills or competencies that team members need in order to be effective in identifying and managing risks at Global Green Books Publishing and provide a rationale for your choices.
Go to Basic Search: Strayer University Online Library to locate at least two quality resources other than your textbook to use in this assignment. Note: Wikipedia and similar websites do not qualify as quality resources.
This course requires the use of Strayer Writing Standards. For assistance and information, please refer to the Strayer Writing Standards link in the left-hand menu of your course. Check with your professor for any additional instructions.

The specific course learning outcome associated with this assignment is:

Examine the competencies and skills needed for effective risk management based on challenges at a given company.

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