Project Management

Acceptance

last edited by: Christopher van Hasselt on Aug 6, 2015 5:22 PM login/register to edit this page


Acceptance of risk involves recognition that the risk is a factor, and that the project team is not actively changing its approach to the project to respond to it. Acceptance is not the same as ignoring the risk, however. Contingency plans should be put in place to be able to respond to the risk should it occur.

Therefore Acceptance is a part of the Project Plan as it is now associated with the end outcome that is expected.


last edited by: Christopher van Hasselt on Aug 6, 2015 5:22 PM login/register to edit this page


ADVERTISEMENTS

"That rainbow song's no good. Take it out."

- MGM Executive Memo after first showing of The Wizard of Oz

ADVERTISEMENT

Sponsors