4 Positive Response Strategies for Projects

4 Positive Response Strategies for Projects

4 Positive Response Strategies for Projects

 

Positive Response Strategies for Project as a concept addresses how to deal with risk scenarios that have a positive impact on the project.

 

Positive risks are risks that when taken, produce a positive project outcome. These can also be referred to as Opportunities. The Project Managers accept, retain and enhance the positive risks identified in a project.

 

Here are the positive response strategies for projects…

 

#1 RISK EXPLOITATION

These are often used when a project team wants to make sure that a positive risk is fully realised. This is often done by hiring the best experts in a particular field or ensuring that the right thing is being done.

 

#2 RISK SHARING

This entails partnering with another party in an effort to give your team the best chance of seizing the opportunity provided. Joint Ventures are a common example of risk sharing. 

 

#3 RISK ENHANCEMENT

This attempts to increase the probability that an opportunity will occur. This is done by focusing on the trigger conditions of the opportunity and trying to optimize their chances for occurrence. 

positive response strategies for projects

#4 RISK ACCEPTANCE

This involves accepting the risk and actively responding to it as ti comes, but not through pursuit.





Now your take on this argument.

YOU CAN ALSO READ  5 Major Components of Benefit Management Plan for Projectss

We would also like to hear what you feel about the topic we discussed today. Your feedback is very important to us. Feel free to drop your comments and recommendations. If you have a contrary opinion, you can drop that too.

You can also join our Facebook Page CRMNigeria for more updates. You can do that by clicking on the link or searching for our page on Facebook.

Click here to Download 5 E-Books that I have taken time to prepare for you.

These E-Books contain formulas that have helped many of my students to nail the PMP Exam at first attempt! You can also make use of this E-Books. If you have any question while using the material, feel free to shoot me a mail. I am committed to assisting you to nail your PMP exam. It’s a pledge. You can always count on me as a friend. 

PS: For like seven years since I started blogging I have tried many platforms and tools. Some worked and some of them performed below expectation. Here are some of the tools that I will gladly recommend for you any day, any time.

BEST AUTO SEO FOR JUST $1

BEST HOSTING AND DOMAIN SERVICE

BEST HOSTING IN NIGERIA (AFFORDABLE)

You can also download our Mobile App here.




Click here to Like our Page on Facebook

Follow us on Twitter




Domain names for just 88 cents!3 Major Roles of PMO in Projects 1
Action Point.
You need to confirm your subscription by clicking on the link sent to you. You can check the spam folder for it. Add us to your mailing list to receive directly from us.

PS: Click on the link below to sign up for my Online E-Course CRM Training. Make sure you confirm your subscription by clicking on the link sent to you. Thanks.



new horizons online training

Leave a Reply

Your email address will not be published. Required fields are marked *

CommentLuv badge