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What should a project manager do if a secondary or residual risk response plan creates additional risks?

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Mudassar Khan Program (Project )Manager| Woodward Canada Inc Peterborough, ON, Canada
What should a project manager do if a secondary or residual risk response plan creates additional risks during execution ?
How to eliminate all of the risks and enhance the opportunities?
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Mudassar Khan Program (Project )Manager| Woodward Canada Inc Peterborough, ON, Canada
Oct 30, 2016 2:02 PM
Replying to Anupam
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Risks cannot be eliminated. It will be there always. What you can do is switch to Plan B if Plan A fails.
Anupam i was referring to the fact what if Plan B also fails or creates additional risks
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1 reply by Anupam
Oct 31, 2016 7:43 AM
Anupam
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Plan A is - 'Business as usual'
Plan B is - 'Contingency plan'

If Plan B fails, there is

Plan C - 'Fallback Plan'

Hope this helps.
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Anupam India
Oct 31, 2016 7:30 AM
Replying to Mudassar Khan
...
Anupam i was referring to the fact what if Plan B also fails or creates additional risks
Plan A is - 'Business as usual'
Plan B is - 'Contingency plan'

If Plan B fails, there is

Plan C - 'Fallback Plan'

Hope this helps.
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Sergio Luis Conte Helping to create solutions for everyone| Worldwide based Organizations Buenos Aires, Argentina
Risk are like bugs: you never will remove all. And anything you do will have an impact so risk will appear. The key thing is to put your focus on top ten risk no all the risk. And to determine the top ten is up to your organization how to create the rank based on cost, time or any other thing that you organization and perhaps for the particular initiative is a top ten.
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Bala Sripada Hyderabad, Ap, India
I go with Sergio
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Petar Radulov Vienna, Austria
Yes, Sergio has a point. It depends what your organization wants about risk management (OPAs).
Putting too much effort on low impact and probability risks is waste of resources.
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Tamer Zeyad Sadiq Assistant Cost Manager| Turner & Townsend Riyadh, Ar Riyad, Saudi Arabia
As our colleges said!!! Risk is always happened!!! It will be the highest at the beginning of the project and it will decreased until at close out project. Any additional risk like residual and secondary risks, they will be updated in project document updates and will be reassess in control risk!!!
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