PMI-RMP Certification Training - Key Takeaways - Plan Risk Responses

The video tutorial covers the planned risk responses process, including its inputs, tools, techniques, and outputs. It explains strategies for managing negative risks such as mitigation, avoidance, acceptance, transfer, and escalation. It also discusses strategies for positive risks, including exploitation, enhancement, sharing, acceptance, and escalation. Additionally, the tutorial addresses contingency plans, their usage, and their association with triggers, concluding with an overview of the risk response process.

What are the positive risk strategies and how do they differ from negative strategies?

How are contingency plans associated with retriggers in risk management?