Friday, January 16, 2009

What is Risk Acceptance?

Risk Acceptance is:
  • any decision not to change the project plan to deal with a risk.

  • performed either passively by doing nothing or actively by creating a contingency plan to deal with the risk.

  • to include contingency plan and contingency reserve.

5 comments:

Cindy Dy said...

Thank you for sharing this informational blog. It really helps me a lot especially that Im doing some research now.

Pauleen
www.imarksweb.org

Angelina ray said...
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Angelina ray said...
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Angelina ray said...
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Angelina ray said...

To manage the risk successfully one should have Pmp Proffessional s.With high competition, companies have to develop products fast and innovatively always adding value and greater customer satisfaction. it is important to learn and practice its basic principles which collectively and naturally help in effective management of risk. As a project manager i follow PMBOK guide of PMI

Recommended Books on PMP

Suggested Study Materials

  • PMP-Preparation Recommended Books
  • PMP Exam Prep, Fifth Edition: Rita's Course in a Book for Passing the PMP Exam
  • A Guide to the Project Management Body of Knowledge, Third Edition (PMBOK Guides)
  • The PMP Exam: How to Pass On Your First Try (Test Prep series)