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.
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)
4 comments:
Thank you for sharing this informational blog. It really helps me a lot especially that Im doing some research now.
Pauleen
www.imarksweb.org
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