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PHR · Question #34

An organization would like to bid on a project, but they don't have enough employees available to complete the work. The organization approaches a competitor with the opportunity to partner on the…

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Business Management

Question

An organization would like to bid on a project, but they don't have enough employees available to complete the work. The organization approaches a competitor with the opportunity to partner on the project to win the work. What type of risk response is used in this instance?

Options

  • ASharing
  • BMitigation
  • CEnhancing
  • DTransference

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Topics

#risk sharing#risk response strategies#project risk management#organizational partnerships
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