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.