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.

Competencies for Risk Managers.

Overview

Review the nine mini-case study series from the Project Management Institute on the Global Green Books Publishing company before starting this assignment.

Instructions

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.

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