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You have identified a risk that at a certain point in your project you may need extra quantities of a consumable which you thought of earlier. The chance of this event occurring is 20% and if it occurs it will cost you 150 USD. So, you develop a contingency plan for this risk and assign a risk owner. What kind of risk response strategy is this?

• Transfer
• Avoid
• Mitigation
• Accept

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Quality and Improvement

• Quality Gurus and their Contributions
• ISO 9001 2015 Documentation Structure- Downloadable Templates
• Quality Management Dictionary- 2
• Quality Management Dictionary
• How to Prepare for the ISO 9001 Certification Audit
• The Theory of Constraints (TOC)
• The 10 most used Quality Improvement Methodologies
• Lean Six Sigma Projects: Responsibilities, Success factors, DMAIC template (pptx)
• Metrology and Measurements: Definitions, Methods, Techniques, and Units
• In Summary: QA, QC, and Cost of Quality
• In Summary: Overall Equipment Effectiveness (OEE) Calculations, Example
• In Summary: 10 Most used time terms in manufacturing and service
• Lean Manufacturing: the 8 Deadly Wastes with examples
• 5 Tips for Creating a Culture of Continuous Improvement
• 9 Behaviors to Start and Sustain an Improvement Culture
• A PRACTICAL APPROACH TO THE SUCCESSFUL PRACTICE OF 5S
• In Summary: How to calculate a Sigma level
• The 7 Fastest Ways to Fail an ISO Audit
• JIT (Just in Time) Production System
• In Summary: Quality Function Deployment (QFD)
• Challenges and Lessons to learn: Quality Management
• In Summary: Run Chart- Creation, Analysis, & Rules
• Lean Six Sigma Projects: Success Factors
• In Summary: Kanban System
• How to Create a Value Stream Map
• 5 Quality Failures that Shook the World
• In Summary: Evaluating the Cost of Quality
• In Summary: What is Jidoka
• In Summary: Poka-Yoke Technique
• In Summary: What Is Takt Time
• Pareto Diagram, Scatter Diagram - The 7 QC Tools

Project Management

• Project Management Formulas
• Project Management: Creating Work Breakdown Structure in excel
• Excel Templates for Project Management
• In Summary: 11 METHODS IN PROJECT MANAGEMENT
• A great product from failed project- Sydney Opera House
• 10 Steps For Successful Project Management
• In Summary: How to Create a Realistic Project Plan
• Project Management Tips for Non-Project Managers
• Common Quality Mistakes That Lead To Project Failure
• Monte Carlo Simulation

Food Safety and Quality

• In Summary: Food safety in the restaurant- 9 tips
• In Summary: 10 Steps to ensure food safety
• Phage therapy for improving food safety and animal health
• Tips for Starting a Home-Based Food Business
• Five Healthy Tips for Food Manufacturing Success
• in summary: Safely defrosting foods
• in summary: Food safety for consumers

HSE

• Computer Ergonomics: How to Protect Yourself from Strain and Pain
• Behavior-Based Safety (BBS)
• In Summary: Daily Workplace Safety Tips
• In Summary: Working in confined spaces
• Long working hours led to 745000 deaths

Management Topics

• What Is Data Analytics
• Theory X and Theory Y
• Maslow Hierarchy of Needs
• Wages cut vs Employees lay off, and Alternatives
• Process Map: How to Create
• In Summary: Feasibility Study - Definition, How to Conduct, Templates
• Strategic analysis: tools and techniques
• Management Techniques: management by (Delegation, Objectives, exception, Decision, Systems)
• How Employees Respond to Job Dissatisfaction
• The 7 costless employee Motivation Techniques
• How to burnout your employees in 4 steps
• Team Roles: The four behavior styles of your team members
• In Summary: Kano Model
• The 7 Steps of Hoshin Kanri Planning
• KPIs: How to Develop, How to Measure
• HOW TO WORK WITH AN AUTOCRATIC BOSS
• In Summary: How to create flowchart
• In Summary: Effective Negotiations
• How to creating a Pareto Chart in Excel
• Simple Ways to Deal With Stress at Work
• Do’s and Don’ts: How to Improve Your Time Management
• In Summary: Situational Leadership
• Tips for New Managers
• In Summary: Team Management Tips That Will Make Your Job Way Easier

Sales and Marketing

• Sales Techniques: The 9 Keys

Career Development

• Toxic workplace- Signs and solutions
• What is the Secret Email System?
• Top 20 reputable companies in 2022 and their employees satisfaction
• In Summary: Technical Report Writing
• Joks that work at work
• Thinking Outside The Box: Examples
• 24 Weird interview questions and how to answer
• 10 Signs you have a bad manager
• 20 jobs under the table
• In Summary: The 48 Laws of Power
• Free online course: Resume Secrets- Writing Resumes that Get More Job Interviews
• Agile With Scrum - From Beginner to Advanced: Free Course
• Free online course: How To Find a Job at Fortune 100 Company?|10 Practical Steps
• In Summary: THE 7 HABITS OF HIGHLY EFFECTIVE PEOPLE
• How can company strategy support or restrict your growth?
• 15 Jobs to be in demand over the next 15 years
• How to Negotiate a Salary
• Criteria to Evaluate a Company you want to work with
• Failing Company !.. Warning signs that your company is failing
• Signs You Might Be Ready to Start Your Own Business
• Resignation: signs you should quit your job
• How to find the right job

Technology

• The Impact of Artificial Intelligence on Job Security and Career Development- written by AI itself

Job Description

• Tax Accountant: Job Description Template
• CPA: Job Description Template
• CFO: Job Description Template
• Credit Controller: Job Description Template
• Cost Controller: Job Description Template
• Financial Auditor: Job Description Template
• Financial Controller: Job Description Template
• Accounting Manager: Job Description Template
• Accountant: Job Description Template
• Quality Manager: Job Description Template
• Quality Assurance Manager: Job Description Template
• Quality Control Manager: Job Description Template
• Continuous Improvement Manager: Job Description Template
• Lean Six Sigma Process Improvement Manager: Job Description Template
• Operational Excellence Manager: Job Description Template
• Process Analyst: Job Description Template
• Change Manager: Job Description Template
• Project Quality Manager: Job Description Template
• Construction Project Manager: Job Description Template
• Software Project Manager: Job Description Template
• Project Engineer: Job Description Template
• Assistant Project Manager: Job Description Template
• Project Manager: Job Description Template

interview questions and answers

• Process Engineer- Interview Questions and Answers
• HSE Manager- Interview Questions and Answers
• Pharmaceutical Quality Control: Interview Questions and Answers
• Six Sigma Specialist: Interview Questions and Answers
• Sales Manager: Interview Questions and Answers
• Marketing Manager: Interview Questions and Answers
• Food Safety Manager: Interview Questions and Answers
• Operations Manager: Interview Questions and Answers
• Quality Managers: Interview Questions and Answers
• Project Managers: Interview Questions and Answers

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