Unit 3 DB – Mitigating Project Risks

350 – 600 words

Risk response strategies are the ways in which risks can be
handled if they occur. For negative risks, the appropriate strategies
are: accept, mitigate, avoid, and transfer. For positive risk, the
strategies are: accept, enhance, exploit, and share.

Choose 2 of the risks you identified in Unit 2, and respond to the following questions:

• For each of the risks, discuss whether the risk is a positive or a negative one.
• Discuss the type of risk response strategy that is appropriate for each risk.
• Why is this strategy appropriate for this risk?
• How will you work with the project team to determine the risk response strategies for each risk in your project?

Write 2 more paragraphs that are an introduction and conclusion to
this topic. Be sure to include your references, and format your
submission in APA format.