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.