Response strategies for residual risks and secondary risks

Please clarify whether we need to plan response strategies for both residual risks and secondary risks

cnppmp's picture

Risk response plan is not necessary for residual risk, which should be accepted and if you have contingency plan planned for this needs to be executed.

Secondary riks can be reassessed and can be taken through the Qualitative/quatitaive and risk response plan.

Regards

CN Patil

Thank you for the clarification

cnppmp's picture

if you still have time for exam. I would recommned to read the Rita Mulcahy especially for Risk management and Procurement management.

Regards

CN Patil