____ contains the steps for how to mitigate the risk if it should occur during the project.
A) The action trigger
B) The response plan
C) The mitigation plan
D) The degree of impact

Question

Quizplus · Accepted Answer

The response plan is a plan that includes steps to mitigate the risk if it should occur during the project. It identifies the actions that need to be taken, who needs to take them, and when they need to be taken. The mitigation plan, on the other hand, identifies risks that may occur and outlines steps to reduce the probability and impact of those risks. The action trigger is a point at which a predefined action must be taken. The degree of impact is an assessment of how severe the risk would be if it occurred.

____ Contains the Steps for How to Mitigate the Risk