The process of reacting to identified project risks so as to minimize threats and maximize opportunities and manage overall project risk exposure.

Match each of the key terms with the definition that best fits it.

A. Decision tree analysis B. Expected monetary value analysis C. Identify Risks D. Implement Risk Responses E. Issue F. Monitor Risks G. Perform Qualitative Risk Analysis H. Perform Quantitative Risk Analysis I. Periodic project risk reviews J. Plan Risk Management K. Plan Risk Responses L. Probability/impact risk rating matrix M. Project assumption testing N. Project risk response audits O. Residual risks P. Risk Q. Risk acceptance R. Risk avoidance S. Risk escalation T. Risk management plan U. Risk mitigation V. Risk owner W. Risk register X. Risk response plan Y. Risk transference Z. Risk-related contractual agreements AA. Secondary risks BB. Sensitivity analysis CC. Technical performance measurement DD. Tornado analysis EE. Trigger