Change the scope-project plans or schedule

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Reference no: EM133869401

Question

User The avoid risk response is to change the scope, project plans or schedule. The risk that I am going to associate with the avoid risk response is, "lack of qualified suppliers can prolong the project." I choose to associate this risk with this risk response because you can do some research and avoid certain suppliers that may have bad reviews or remember how it was working with that supplier last time may have not been a great experience and you can find something better somewhere else. The mitigate risk response is trying to minimize the probability or impact of the risk occurring. The risk that I am going to associate with the mitigate risk response is, "equipment and materials will be there to use on time." You can minimize this occurring by getting the orders in in a timely manner if able. The transfer risk response is the management of the risk is transferred to a third party in exchange for a fee. The risk that I am going to associate with the transfer risk response is, "maintenance and technical issues will be a problem for the design team." It may be worth the project to get more maintenance.

Reference no: EM133869401

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