Hi Everyone,

I am giving PMP exam in another two weeks. Request if anyone can make me understand the difference

between Risk mitigation and Risk acceptance.

Where can we apply contingency plan, either in case of Risk mitigation or in case of Risk Acceptance.

According to JIMBOK contingency plan will be applied in case of Negative risks (passive acceptance). Any example to differentiate between risk mitigation and risk acceptance techniques.

 Thanks,

 Srikrishna