"Need for Risk Management" Please respond to the following:There are four (4) critical success factors that are important for  effective risk management: supportive organization; competent people;  

"Need for Risk Management" Please respond to the following:

• There are four (4) critical success factors that are important for  effective risk management: supportive organization; competent people;  appropriate methods, tools and techniques; and simple, scalable process.  Determine three (3) obstacles for an organization to manage risk  effectively. Suggest strategies from the perspective of a project  manager to avoid the obstacles.