Description
The techniques that are used to deal with an opportunity (a positive risk). There are five types of response to an opportunity namely – Escalate, Exploit, Share, Enhance, and Accept.
It is an independently-used project management tool.
Where it is Used
Process Groups
This tool is used in the following Process Group(s) during the project management
Planning
Knowledge Areas
This tool is used in the following Knowledge Areas during the project management
Project Risk Mgmt.
Activities
This technique is used while performing the following project management activities by the project manager and the team
Plan Risk Responses
Process Group | Knowledge Area | Activity |
Planning | Project Risk Mgmt. | Plan Risk Responses |
