Comments on: Risk Management - Resolution of Risks http://www.pmhut.com/risk-management-resolution-of-risks Thu, 24 May 2012 10:32:11 +0000 http://wordpress.org/?v=abc hourly 1 By: Bruce http://www.pmhut.com/risk-management-resolution-of-risks/comment-page-1#comment-755 Bruce Wed, 06 Aug 2008 03:13:05 +0000 http://www.pmhut.com/risk-management-resolution-of-risks#comment-755 I agree with the previous comment that the listed items are response strategies rather than actual actions. Actions should be even more specific than the above examples, e.g. - Ensure guarantees are built into supplier contracts for on-time delivery. - Develop back-up plan for skill shortages. I agree with the previous comment that the listed items are response strategies rather than actual actions. Actions should be even more specific than the above examples, e.g.
- Ensure guarantees are built into supplier contracts for on-time delivery.
- Develop back-up plan for skill shortages.

]]> By: Chris http://www.pmhut.com/risk-management-resolution-of-risks/comment-page-1#comment-754 Chris Wed, 30 Jul 2008 02:30:46 +0000 http://www.pmhut.com/risk-management-resolution-of-risks#comment-754 I don't see how you can profile and rank risks before their impact and probability has been analyzed. I would argue that you have listed risk response strategies in accept, reduce, and eliminate and not actions associated with risks. The actions associated with risks, once they have been identified, are: - Risk Analysis - Risk Response Planning - Risk Monitoring and Control I don’t see how you can profile and rank risks before their impact and probability has been analyzed. I would argue that you have listed risk response strategies in accept, reduce, and eliminate and not actions associated with risks.

The actions associated with risks, once they have been identified, are:

- Risk Analysis
- Risk Response Planning
- Risk Monitoring and Control

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