12 Jul Explain each of the following steps in risk evaluation and remediation. Risk identification Risk evaluation for chance of occurrence Risk evaluation for imp
Also, provide a graduate-level response to each of the following questions:
- Explain each of the following steps in risk evaluation and remediation.
- Risk identification
- Risk evaluation for chance of occurrence
- Risk evaluation for impact if the risk takes place.
- The four types of risk remediation,
- What is a project risk owner,
- What is a risk threshold.
- What is a risk matrix.
2. Complete a risk analysis for a project involving a family vacation where a family of four is driving 1,000 miles one way to Myrtle Beach, SC to stay for one week at a coastal resort. Include the construction of a risk matrix.[Your post must be substantive and demonstrate insight gained from the course material. Postings must be in the student's own words – do not provide quotes!] [Your initial post should be at least 450+ words and in APA format (including Times New Roman with font size 12 and double spaced). Post the actual body of your paper in the discussion thread then attach a Word version of the paper for APA review]
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