risk handle strategies

1. move a work pkg to a date when a more experienced resource is availbe to be assigned to the project

exploit

1. provide a team member who has limited experience with additional training 2. prototype a risky piece of equipment

mitigate the probability

1. remove work pkg or activity from the project 2. remove troublesome resource from the p

risk strategy Avoid

outsource a work pkg so as to gain an opportunity

share

1. assign a team member to visit the seller's mfg facilities frequently to learn about a problem with deliver as early as possible 2. train the team on conflict resolution strategies

Risk strategy mitigate the impact

notify mgmt that there could be a cost increase if a risk occurs because no action is being taken to prevent the risk

accept

begin negotiation for the equipment earlier than planned so as to secure a lower price

enhance the impact

1. outsource difficult work to a more experience company 2. ask client to handle some of the work

transfer