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Explanation : Identify risk response strategies for the 15 risks that you previously identified. Use these risks (found in Unit 2's Risk Identification table). You

Explanation: Identify risk response strategies for the 15 risks that you previously identified. Use these risks (found in Unit 2's Risk Identification table). You can select only one risk response strategy per risk.Copy and paste 15 risks from the Risk Identification table, and update only new two columnsResponse Strategy and Action Plan.

Risk ID Risk Description Response Strategy Action Plan
Example Sudden loss of electricity Mitigate Purchase generators and large fuel canisters
1 100% cooperation from team Exploit
2 Communication issues, resulting in negative clarity and misunderstandings Mitigate
3 Penalties from compliance issues Avoid
4 Missing project deliverable definition Avoid
5 Not able to adjust the schedule of the project because if tightness and difficulty Mitigate
6 Challenging budget due to nearly exhausted budget for this fiscal year Transfer
7 Lack of highly skilled resources due to COVID-19 and no in-person meetings Transfer
8 Additional workloads due to changes in the requirement, policy, or statue Transfer
9 Approved supplementary budget Exploit
10 Being able to accommodate unplanned work Enhance
11 Pressure to reduce task durations, increasing the risk for errors Avoid
12 Projects not being addressed in a timely matter causing conflicts Mitigate
13 Consultant delays Avoid
14 Not enough time for testing causing a long number of post-launch defects Transfer

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