O'Reilly logo

Practical Project Risk Management, 2nd Edition by David Hillson

Stay ahead with the world's most comprehensive technology and business learning platform.

With Safari, you learn the way you learn best. Get unlimited access to videos, live online training, learning paths, books, tutorials, and more.

Start Free Trial

No credit card required

Glossary of Terms and Abbreviations

accept: A risk response strategy that is not proactive toward a risk, but prepares for and deals with the impact of a risk should it occur. This may involve use of a contingency plan. An acceptance strategy can be selected for either threats or opportunities.

action owner: The person responsible for implementing an agreed-upon risk action and reporting progress to the risk owner.

APM: Association for Project Management.

Assessment: Part of the risk management process where the probability and impact of identified risks are assessed in order to prioritize risks based on their position on a Probability-Impact ...

With Safari, you learn the way you learn best. Get unlimited access to videos, live online training, learning paths, books, interactive tutorials, and more.

Start Free Trial

No credit card required