Is Residual Risk always a passively accepted risk?
Recently, I saw a question in one of the PDF 200 q mock exams about Residual Risk.
And there were 2 answers that seemed correct:
A) You cannot implement any Risk Response to Residual Risk since it is the remaining risk after all your risk response plans
B) you should Respond to Residual Risk
I selected B because I thought that in the worst case you will passively accept that risk which is also a Response.
Now I see that probably A is intended answer just because of wording: Passive Acceptance can probably be called No Response Plan
Nevertheless, are we 100% sure that no response can be taken for Residual Risk?
Can we conclude that Residual Risk is always passively accepted?
Is there a way to actively accept it like allocating contingency reserve? Does it still remain its Residual Risk status after that?


sspawar
Tue, 03/12/2013 - 10:36
Permalink
Glossary p446Residual Risk
Glossary p446
Residual Risk -
A risk that remains after risk responses have been implemented.
p306
Residual risks
that are expected to remain after planned responses have been taken, as well as those that have been deliberately accepted
In light of above reference - option A is correct