In week $5,$ you studied about managing project risks. Some of us are conservative and seek roles that provide safe, comfortable duties. Others who aren't risk adverse find challenging jobs that allow them to take on and manage the stress of the unknown. After reading Chapter $7,$ you should:

Watch the following TED Talk by Will Gadd, extreme sports athlete: Three Simple, Fun and Effective Tools to Help Manage Risk. Address your own tolerance for risk taking and what appealed to you in Mr$.$ Gadd's examples? How do you feel this applies to project management?

Secondly, describe what you feel are the most effective ways to reduce risks in a larger project and prepare for the unexpected.

Lastly, explain the difference between risk mitigation and contingency planning by sharing some personal or professional examples.