even after you implement all of your response strategies. What kind of risk is this and what should you do about
A. It’s a secondary risk; you don’t need to worry about it.
B. It’s a residual risk; you need to plan a response strategy for it.
C. It’s a residual risk; you don’t need to plan a response strategy for it because you’ve already implemented all of
the risk responses you can plan for.
D. It’s a contingency reserve. You should only use it if the first risk occurs.
My Doubt- As per the explanation. for a Residual Risk. response strategy is not planned. Then how are the Residual risks taken care of when thay occur? Is always, "Accept" used for Residual risks??
Residual risks that are expected to remain after planned responses have been taken, as well as those that have been deliberately accepted;
Please refer to blogs on negative and positive risks
http://www.izenbridge.com/blog/how-to-h ... trategies/
http://www.izenbridge.com/blog/learn-ho ... rtunities/
please refer old threads in our forum where we discussed residual risks, you can search and get even more threads
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