Risk Acceptance – Active vs Passive … remember “Armageddon”
http://pmpsnacks.wordpress.com/2011/07/02/be-careful-5-risk-acceptance-active-vs-passive/
Risk acceptance is when no change in the project is made to accommodate the risk.
Passive acceptance requires no action beyond documenting the decision.
Active acceptance includes further action eg. setting aside contingency to offset the effect of the risk.
One simple way to remember this: remember disaster movies like “Titanic”, “Armageddon” or “2012″. There are always those characters in the movie where they just accept that they are going to die and of course there are the heros who take some action to get out alive. Think of the former as “Passive Acceptance” and the heros as “Active Acceptance”.
That makes it easier to remember rite?


krantikumar50
Thu, 07/12/2012 - 17:17
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Hi
Hi Respected Pawarji Sir,
If there is one word I would say, "WOW"!!!
Your way of presenting analogies is simply second to none. You are brilliant. So thoughtful.
And if you talk about outputs, Project Document Updates is also one of the ouputs of Planning Risk Responses. Planning Risk Responses is ONLY one plaaning PG where Project Management Plan is also involved since PMP Updates is also one of the ouputs of Planning Risk Responses apart from Risk-related contract decisions and Risk Register Updates.
Respected Pawarji Sir, you remember I had asked a question? What do you eat for lunch and dinner and you did NOT reply, but now no need as I know you eat, sleep, and drink PMBOK :) :) :)
Warmly, KK....
zobi (not verified)
Mon, 09/24/2012 - 06:02
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Thanks
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zobi (not verified)
Mon, 09/24/2012 - 06:13
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Thanks
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