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Project Management Orientation

What Is Risk Response Planning? 

Risk response planning is deciding what, if anything, should be done with a risk.  It is the assignment of actions to contain, reduce, or eliminate risks.  Risk response includes: 

According to WWPMM, these are the strategies that you can use to respond to risks are:

The PMBOK has a similar definition of risk response strategies, but calls them Avoid, Transfer, Mitigate and Accept.  Accept means you are willing to accept the consequences of the risk.

1: Getting Started
2: Define the Project Team
3: Team Management
4: Identify and Validate Requirements
5: Create Decomposition Structures
6: Risk Management
7: Project Estimates
8: Project Schedules
9: Change Management
10: Project Control and Execution
Defining the Project
11: Project Management Review
12: Project Closeout
13: Project Management Tool Suite
14: Self-Assessment and Final Exam
Fast Points
Concepts
Seven Keys
Case Study
WWPMM
Mentor
Check Point
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