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Risk-Management Strategies

Each risk should have an associated plan for managing it. Your plan should consider the following strategies:

  • Avoid: Prevent the risk from happening. Possible avoidance plans include changing the scope and replanning the project.

  • Transfer: Transfer the responsibility for dealing with the risk to another entity.

  • Accept:

From

Cover of The Business Analyst’s Handbook

Note

Risk Management Strategies for ISO 31000