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Posts Tagged ‘ risk responses ’

Risk Responses

By: Ray Myers, Jr., PMP Risk responses fall into 4 categories: Avoid Eliminate the risk—usually by eliminating the causes Accept Accept the risk—but have a contingency plan in place Transfer Shift risk to a third party Insurance Sub-contractor Mitigate Reduce the likelihood of its occurrence About the Author: Ray Myers, Jr. is a PMP...
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Project Management Topics

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