Risk Treatment and Residual Risks

The video tutorial covers risk management, focusing on identifying, assessing, and treating risks. It explains residual risks and various risk treatment options, including retention, avoidance, and sharing. An example of a risk treatment plan for SharePoint is provided, highlighting actions, resources, and responsibilities. The concept of residual risk is defined, emphasizing the importance of evaluating and documenting it to ensure it meets organizational criteria.

Describe the risk avoidance strategy and provide an example from the text.

What steps should be taken to ensure that the value of residual risk respects the risk acceptance criteria of the organization?