Risk response Vs Contingency plan What is the difference? by Emil Dražević https://padlet.com/emil_drazevic/7vqruppd8lkb Made with a quick smile en-us 2017-11-22 09:22:55 UTC 2017-11-22 10:08:41 UTC hello@padlet.com Group B https://padlet.com/emil_drazevic/7vqruppd8lkb/wish/209385684 Contingency: Solve if problem arise
Risk: Solve now!

Risk mitigation:
- Plan your work so if the desired result does not occur, have a backup plan.
- Make pilot experiments to reduce failure.]]> 2017-11-22 10:04:57 UTC https://padlet.com/emil_drazevic/7vqruppd8lkb/wish/209385684 Group D mmb6 https://padlet.com/emil_drazevic/7vqruppd8lkb/wish/209385776 Contingency: 
Future, what-if scenarios, proactive, less accurate

Risk response:
Immediate response to an emerging or already present problem, reactive

]]> 2017-11-22 10:05:09 UTC https://padlet.com/emil_drazevic/7vqruppd8lkb/wish/209385776 Carsten: https://padlet.com/emil_drazevic/7vqruppd8lkb/wish/209386033 Maxim: A Cont. Plan is for when the mitigation/response doesn't kill the risk. Mitigation/response is the initiatives that should help us to never end up needing the cont. plan.



]]> 2017-11-22 10:05:52 UTC https://padlet.com/emil_drazevic/7vqruppd8lkb/wish/209386033 Group C: https://padlet.com/emil_drazevic/7vqruppd8lkb/wish/209386041 Contingency: Proactive
(remove the fan...)

Risk response: Reactive - when it happens
(clean the wall...)]]> 2017-11-22 10:05:55 UTC https://padlet.com/emil_drazevic/7vqruppd8lkb/wish/209386041