New Post at AITS: Risk Response Strategies Transfer and Avoid

My latest article for AITS was published today: Risk Response Strategies: Transfer and Avoid.

While most project managers and teams understand the Mitigate and Accept risk response strategies, few in IT really understand the Transfer and Avoid strategies. I use the example of a mouse and a trap to illustrate how all four can be considered when assessing a risk for the best response. Note that for any risk, Accept is the default strategy, unless you take specific steps to reduce the likelihood or impact of the risk event.

As always, thanks for taking the time to read my stuff.

Title
New Post at AITS: Risk Response Strategies Transfer and Avoid
Article Name
New Post at AITS: Risk Response Strategies Transfer and Avoid
Description
My latest article for AITS was published today: Risk Response Strategies: Transfer and Avoid.
Author
The Practicing IT Project Manager LLC
This entry was posted in Risk Management and tagged by Dave Gordon. Bookmark the permalink.

About Dave Gordon

Dave Gordon is a project manager with over twenty five years of experience in implementing human capital management and payroll systems, including SaaS solutions like Workday and premises-based ERP solutions like PeopleSoft and ADP Enterprise. He has an MS in IT with a concentration in project management, and a BS in Business. He also holds the project management professional (PMP) designation, as well as professional designations in human resources (GPHR and SPHR) and in benefits administration (CEBS). In addition to his articles and blog posts, he curates a weekly roundup of articles on project management, and he has authored or contributed to several books on project management.

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