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What is a risk matrix.

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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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