Describe how awareness of such factors influences the decision to hire outside vendors to support your project.

For this week’s discussion use the information presented in Practical Project Risk Management in Figure 16-4, “Common Influences on Risk Perception,” to determine the conscious factors, subconscious factors, and affective factors for the project.
Post a Response
Please respond to the following:

Describe how awareness of such factors influences the decision to hire outside vendors to support your project.

Include an analysis of how the stated factors help improve the overall facilitation and effectiveness of risk management.
Respond to a Peer
Be sure to respond to at least two of your classmates’ posts.
Read a post by one of your peers and provide a substantive response, making sure to extend the conversation by asking questions, offering rich ideas, or sharing personal connections.

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