Threat-response technique
A threat-response technique (hereinafter, the Technique) is an established way for developing plans of responding to threats if they occur.
Types
- Risk acceptance (risk-response avoidance). This technique of the risk response planning process indicates that the project team has decided not to change the project plan to deal with a risk, or is unable to identify any other suitable response strategy.
- Threat prevention (threat avoidance). Risk avoidance is changing the project plan to eliminate the risk or to protect the project objectives from its impact. It is a tool of the risk response planning process.
- Threat mitigation. Risk mitigation seeks to reduce the probability and/or impact of a risk to below an acceptable threshold.
- Risk transference. Risk transference is seeking to shift the impact of a risk to a third party together with ownership of the response.