"ITPM Best Practices" Please respond

timer Asked: Jul 26th, 2014
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Question Description

Evaluate the four risk-mitigation options and strategies. Give your opinion as to what circumstances would warrant each strategy.

Tutor Answer

Gabriel E
School: Purdue University

ITPM can best facilitate the process change within an organization by addressing the issues within various projects with the best productive resources to support the overall business needs. The fours risk-migitation and options are as follows.

A. Avoidance (Terminating the Risk)

B. Transfer Transferring the Risk)

C. Migitation (Treating the Risk)

D. Acceptance (Tolerating Risk)

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