Describe risk matrix and what might cause it

Reference no: EM133562599

Discussion Post: Risk Management Matrix

Risks are best handled by developing a risk matrix, which is a plan for identifying and managing potential risks.

Question 1) Develop and post a risk matrix for any project you have worked on in the past or in your imagination.

Question 2) In your risk matrix, state the risk, describe it and what might cause it, and note the risk of occurrence (probability) as high, medium, or low.

Question 3) Describe the impact of the risk(s) occurring and discuss how it could be prevented, mitigated, or recovered from if it happens.

Reference no: EM133562599

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