PMI-RMP Certification Training - Accept

The video tutorial discusses risk response strategies, focusing on risk acceptance. It explains that risk acceptance is a deliberate choice to acknowledge a threat without proactive action, suitable for low-priority threats or when other responses are not cost-effective. The tutorial distinguishes between active and passive acceptance, emphasizing the importance of intentional planning and periodic review.

What is the significance of having a risk response strategy selected for all risks on the risk register?

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Explain the concept of risk acceptance and how it differs from other risk response strategies.

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Under what circumstances might risk acceptance be considered an appropriate strategy?

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What are the differences between active and passive risk acceptance?

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How does the risk tolerance level influence the decision to accept a risk?

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