Since the risk has already been identified (supplier delays and cost increases due to safety regulations) and the team has already determined a response strategy (absorbing the cost by reducing lag in

Since the risk has already been identified (supplier delays and cost increases due to safety regulations) and the team has already determined a response strategy (absorbing the cost by reducing lag in tasks), the next step is to implement the response. This involves: - Adjusting the schedule to reduce lag where possible. - Monitoring supplier performance. - Managing budget adjustments accordingly. Which of the following describes how this situation is managed?