What is your risk management strategy for the projects you manage?

"No project is risk-free, so mitigating risk and minimizing them is important. This must be done without increasing the cost or delaying the project. Some risks are acceptable, while others need to be addressed before they occur. I do this by engaging the project team and asking them to identify any risks they can foresee for each step of the project. We then determine if we need to take steps proactively to avoid the risk, or take a chance that it will not occur. If we choose the latter course of action, we make sure we have contingency plans in place to address the risk event."