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 threatsChange project plan to eliminate
For negative risks or threatsShift responsibility to fifth party
For negative risks or threatsReduce probability or impact
For positive risks or opportunitiesEliminate uncertainty by making it happen
For positive risks or opportunitiesAllocate ownership to a Fifth party
For positive risks or opportunitiesModify the size by increasing probability and-or positive impacts
For both threats and opportunitiesAccept and create contingency reserves or responses
Undefined, but threats inferredPlan to execute under certain circumstances or predefined conditions