• What is the purpose of a risk response plan? As human beings, there is always the possibility of experiencing risk in one way or another. That is to say, some risks can be anticipated and can be included in the company's budget, while some I assume can come without warning, but the important thing is that there is always a way out to avoid, transfer or defer the identified risk . In most cases, the risk response plan is developed to provide a strategic option and determine action to improve opportunities and reduce threats to project objectives. Being a growing company with huge prospects, the company's relocation of a facility means that it has undergone careful scrutiny considering all aspects of the risk and possible solution. • Who owns the risk? The risk owner must assume the responsibility that falls on him. on the shoulders of one or more individuals, mostly project team members, who are tasked with managing, monitoring, identifying, evaluating, recording and correcting where possible. A risk owner is also tasked with overseeing risk management and, more importantly, ensuring stakeholders have the necessary mechanism put in place to curb it in case there is one. • Who should be appointed to take the risk of a project? Having seen the frustration that comes with poor risk management, a continuously growing business requires a project risk management team that leads, identifies, analyzes and controls risk on a project in order to ensure the project objective. project at the end. • What is the risk owner role in the risk response plan? Last time I checked, especially from reading the books, it was obvious that project managers have a job that is not without its problems. Therefore, the ultimate and extraordinary responsibility of a risk owner is to carefully develop and explore the various options and action plan. Also… half of the paper… project mission, goals and deliverables. A work breakdown structure of work requirements is also included in the project schedule and budget to cover all project costs. All necessary resources are specified and assessments of the foreseeable risk of the project are provided." I have managed to manage it, based on the advice I get from seniors and experienced people who have been working in the industry for so many years. • Should they have been handled differently? Based on what I see today, I feel great about where things are moving and how we stand alone says it all. I wouldn't change if you asked to handle it differently. This paper explores a new path to increase resilience, identify security risks, work with the business to find treatments for those risks, and still enable the business to thrive and achieve the goals set for organizational success. Petruzzi and Loyear, R. (2016).