Risk Response Approaches
Gap-fill exercise
Fill in all the gaps, then press "Check" to check your answers.
ACCEPTANCE AVOID CONTINGENT RESPONSE ENHANCE EXPLOIT MITIGATE SHARE TRANSFER
For negative risks or threats
Change project plan to eliminate
For negative risks or threats
Shift responsibility to fifth party
For negative risks or threats
Reduce probability or impact
For positive risks or opportunities
Eliminate uncertainty by making it happen
For positive risks or opportunities
Allocate ownership to a Fifth party
For positive risks or opportunities
Modify the size by increasing probability and-or positive impacts
For both threats and opportunities
Accept and create contingency reserves or responses
Undefined, but threats inferred
Plan to execute under certain circumstances or predefined conditions
Check
OK