You work as a project manager for BlueWell Inc. You are working with your team members on the risk responses in the project. Which risk response will likely cause a project to use the procurement…

Mitigation is a negative risk response that reduces the probability or impact of a threat; it does not typically require procurement of external partners.

Acceptance is a risk response where the team acknowledges a risk and takes no proactive action, requiring no procurement activity.

Exploiting is a positive risk response that seeks to ensure the opportunity occurs, but it is typically handled internally without requiring formal procurement of an external party.

Sharing is a positive risk response strategy where the project team partners with an external organization best positioned to capture the opportunity. This partnership requires formal agreements such as contracts or joint ventures, which invoke the project's procurement processes. The other positive risk responses - exploit and enhance - do not inherently require procurement.