Risk Response Planning

Strategies for addressing identified risks.

This topic discusses how to develop effective risk responses, including strategies for threats (avoid, transfer, mitigate, accept) and opportunities (exploit, share, enhance, accept).
5 minutes 5 Questions

Concepts covered: Risk Response Strategies, Contingency Planning, Assigning Risk Owners, Defining Risk Triggers, Managing Residual and Secondary Risks, Risk Response Effectiveness Evaluation, Risk Budgeting and Resourcing, Integration of Risk Responses into Project Plans, Fallback Planning

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113 questions (total)