posted 2½years ago by pin
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Active Risk Acceptance | Risk Management
What is active risk acceptance?
a. Creating contingency reserves in money and time.
b. Developing a plan to minimize potential impact.
c. Developing a plan to minimize probability.
d. Making additional resources available
george (2¼years ago):
As I understand, risk acceptance means that we don't do anything against the risk. We accept it and prepare to its consequences. While risk mitigation means that we do something to avoid risk happening. Thus, I think the answer is A.
Answers B and C are about risk mitigation, not risk acceptance. While answer D is the same as A, but more narrow, more specific.
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