Mitigated Risk Resulting from Response

B.

Secondary risk is a risk that is generated as the result of risk response.

Incorrect Answers: A: A pure risk is a risk that has only a negative effect on the project.

Pure risks are activities that are dangerous to complete and manage such as construction, electrical work, or manufacturing.

C, D: These terms are not applied for the risk that is generated as a result of risk response.

The resulting risk generated as a result of applying a response to a project risk is known as a secondary risk. Secondary risks are new risks that emerge as a consequence of implementing risk response strategies.

When a project manager applies a response to a primary risk, it is possible that the response itself introduces new risks, such as additional costs or technical difficulties. These new risks are referred to as secondary risks.

It is important for project managers to identify and address secondary risks in a timely manner, as they can have a significant impact on project success. This involves conducting a thorough analysis of the potential secondary risks associated with each risk response strategy and developing appropriate contingency plans.

Pure risk, on the other hand, is a type of risk that involves only the possibility of loss or no loss at all. It is a risk that cannot be mitigated or eliminated by any action taken by the project team.

Response risk is not a commonly used term in risk management. However, it may refer to the risk associated with the effectiveness or unintended consequences of a risk response strategy.

High risk is a term used to describe the likelihood and potential impact of a risk event, but it does not specifically refer to a risk that is generated as a result of applying a response.