Risk response strategies
Please see the risk response strategies below. Your company is a real estate development and property management company and is in the planning stages of developing an apartment/housing units. You were assigned to be the project manager. Detail two (2) risks for each risk response categories below. I’ve provided a description of each strategy for convenience (even though it may not be needed for a PM tutor).
Also, what are some risks for your team’s Sim4Projects (for this question, I’ll accept a general answer but the simulation is a Residential Housing Development) as I will add more details/information to it?
(1) Avoid Risk
(2) Transfer Risk
(3) Mitigate Risk
(4) Accept Risk
(5) Research Risk
(6) Exploit Opportunity
(7) Share Opportunity
(8) Enhance Opportunity
0 comments