Risk response Flashcards
1
Q
Risk mitigation
A
Change process to reduce risk
2
Q
Risk transference
A
Transfer risk to a 3rd party
3
Q
Avoid
A
Change a plan to eliminate risk
4
Q
Accept
A
Take no action
5
Q
Which 2 risk responses are used in Risk Response Planning
A
Preventative action and Contingent/corrective action
