When you talk to people about the use of risk strategies, the first thing that comes to mind is mitigation. Most people call the entire process of responding to risks, risk mitigation. Reports are named risk mitigation reports. This is not helping in making the process clear. IT has always made me a tad weary thinking that people did not take advantage of more than the mitigation strategy but of all ten (10) strategies available (according to the PMBOK® Guide). In this session, we will have a quick review of those ten (10) possible strategies including mitigation to dispel the current myth that everything is about MITIGATION.
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