... Opportunities to ignore, threats to accept Risk Response Development Risk Response Control Inputs Opportunities to pursue, threats to respond to Opportunities to ignore, threats to accept Tools and ... Historical Information Tools and Techniques Checklist Flowcharting Interviewing Outputs Sources of risk Potential risk events Risk Symptoms Inputs to other processes Inputs Stakeholder risk tolerances ... the loopholes it uncovered APPROACHES TO RISK MANAGEMENT Organization normally uses three different approaches to risk management:1 ! Project Management Institute, Project Management Body of...