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is it risk management when you accept the unaccepted risk!?

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Rand Mesmar Professional Consultancy Services Provider-| "We Help By Getting The Right Things Done In The Right Manner?" Nablus, West Banks, Palestine, State Of
question with a philosophical approach !
is it risk management when you accept the unaccepted risk!?
if yes or no .. why ??
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Deepesh Rammoorthy ICT Project Manager ( PMP®AgilePM®Certified ScrumMaster® (CSM®))| Australian Red Cross Blood Service Tarneit, Vic, Australia
Sep 11, 2017 7:45 PM
Replying to Stéphane Parent
...
Rand's question said "unaccepted risk". It appears some are changing it to "unacceptable risk".
Ha ! the Philosophical Approach .....Now I see It :)
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Rand Mesmar Professional Consultancy Services Provider-| "We Help By Getting The Right Things Done In The Right Manner?" Nablus, West Banks, Palestine, State Of
First of all , thanks for ALL your informative contributions
But I’ve noticed that the core of the question (question with a philosophical approach ! ) has been overlooked as well as the wording of the question .
And jumping directly to mention the risk responses strategies was the main point of the most of discussions which Is important as well
Actually and from my POV defining the accepted or unaccepted comes in the initiating stage of the project (developing project charter F.E)
Simply … My example for unaccepted risk (from my POV)
(Imposed date that impossible to be achieved by all means)
As a PM when you accept such thing and you are trying to manage it … you are not doing risk management

and once again thanks for ALL your informative contributions

Rand
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Susmit Roy Ranchi, Jharkhand, India
When you accept a risk it becomes "accepted" risk and does not fall in the unaccepted category. Acceptance of a risk is always a management decision. Hence it comes under Risk Management. Further the risk management stipulates that the acceptance can be active or passive. Passive acceptance does not envisage any action till the risk occurs except for a strategy documentation and review of status.
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Sergio Luis Conte Helping to create solutions for everyone| Worldwide based Organizations Buenos Aires, Argentina
It is not philosophical at all. If you accept and unaccepted risk is because you are performing project risk management. Take a look to the process and that is all you need to know for getting the answer.
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Rand Mesmar Professional Consultancy Services Provider-| "We Help By Getting The Right Things Done In The Right Manner?" Nablus, West Banks, Palestine, State Of
once again thanks for ALL your informative contributions
which was tremendously helpful and insightful for me and which recently aided me to Earn my PMI-RMP Certificate
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Vincent Guerard Coach - Trainer - Speaker - Advisor| Freelance Mont-Royal, Quebec, Canada
What is an unaccepted risk?
The one that prevent you from taking the project!
Otherwise the risk is manage using some action, one of them is accept.
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Vithal Parab Associate Consultant| Tata Consultancy Services Mumbai, Maharashtra, India
Risk Management starts with Risk Identification. Acceptance criteria comes after that. So as you identify risk "Yes" it is Risk Management.

Based on nature of Risk their responses decide weather acceptable or not acceptable.
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