Define each of the risk response and implementation strategies for both positive risks (opportu

****PLEASE NO PLAGIARISM, READ FULLY ASSIGNMENT DETAILS****

Primary Task Response: Assignment Description  Deliverable Length:  750–1,500 words

****Please note this is add on to existing project attached**** 

You will continue to add to the Project Risk Management Plan document you created in Unit 1 and revised in Unit 2. This week, you will update the previous sections and complete the Project Risk Response Strategy section.

1. Update any previous sections as needed  
2. Define each of the risk response and implementation strategies for both positive risks (opportunities) and negative risks (threats).
3. Complete the Project Risk Response and Implementation Strategy section. You will develop a risk response template if you are not using the Project Risk Management template that you downloaded in Unit 1. In this section, you will do the following:
   • Add the risks you identified in Unit 2, and determine the type of response strategy you will use for each risk.
   • Discuss the response strategies for each of the identified risks. Describe the specific method of handling each risk.
     • Strategies for positive risks include accept, enhance, exploit, and share.
     • Strategies for negative risks include accept, mitigate, avoid, and transfer.
   • The following matrix is an example of a risk response table:

Risk

Risk Response Strategy

Description of Risk Response

1. Update the References page and the Table of Contents to show the correct page numbers.
2. Note: Be sure to include the pages with only section headings that will be completed in later units.

Please submit your assignment.

For assistance with your assignment, please use your text, Web resources, and all course materials, including the Project Management Center at https://careered.libguides.com/ctu/projectmanagement