Project Risk and Cost Analysis

9

Risk Response Planning

Learning Objectives

By the end of this chapter, you will be able to:

•  Establish a process to conduct risk response planning for your project or organization.

•  Analyze a proposed risk response for residual and secondary risk considerations.

•  Determine when multi-stage risk responses are desirable or appropriate.

•  Define three strategies for managing threat risk.

•  Define three strategies for managing opportunity risk.

•  Define two strategies for risk acceptance.

•  Develop action steps for a risk response and place them in the project plan or in other project documentation.

Estimated timing for this chapter: ...