What are plan risk responses?

• *The process of developing options and actions to enhance opportunities and to reduce threats to project objectives. • It addresses the risks by their priority, inserting resources and activities into the budget, schedule, and project management plan as needed.  • Tools and techniques used are: 

◦ Strategies for negative risks or threats (Avoid, Transfer, Mitigate, Accept) 

◦ Strategies for positive risks or opportunities (Exploit , Enhance, Share, Accept) 

◦ Contingent response strategies ◦ Expert judgment • The outputs of this process are: ◦ Project management plan updates ◦ Project documents updates 

 ENG. Hassan shalaby