How to perform active risk acceptance?

posted 14¼months ago by pin
© Copyright: Oliver F. Lehmann PMP Self Test, oliverlehmann.com
Risk Acceptance | Risk Management

You want to perform active risk acceptance. What should you do?

A. Create contingency reserves in resources, money and time.
B. Develop a plan to minimize impact in case that an identified risk occurs.
C. Develop a plan to minimize the probability of occurrence for identified risks.
D. Make additional resources available to speed up the project.

george (9¾months ago):
The answer is B. Active risk acceptance means that you're not doing anything to prevent risk event from happening, but getting prepared for its consequences.

A: this is passive acceptance of the risk
C: this is risk mitigation, not acceptance
D: this is not about risk management at all

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