| Definition |
Risk Acceptance is a risk-management concept used to identify, analyze, plan for, or respond to uncertainty in project work. It helps teams make risk decisions explicit instead of leaving them informal or reactive.
Risk Acceptance is an Enterprise governance concept used to define decision rights, standards, controls, exceptions, and accountability across technology portfolios.
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| Context & Usage |
Risk owners and project teams use this concept when documenting uncertainty, choosing responses, escalating exposure, and reviewing whether risk actions are working.
Related concepts include Risk, Risk Register, Risk Owner, Issue, Opportunity and Contingency Plan.
Governance bodies use this concept to make standards enforceable while still allowing justified exceptions and risk-based decisions.
Related concepts include Enterprise Architecture, Application Portfolio, Business Capability and Data Governance.
Additional Resource: The Open Group TOGAF Standard.
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| Categories |
Technical Writing and Documentation, Knowledge Management and Content Governance, Cybersecurity, Compliance, and Access Management, Enterprise Applications, CRM, and Contact Center Systems
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