A project team decides to obtain a support contact on one of the hardware infrastructures being used on the project. This is to ensure the project is grounded if an issue with the hardware occurs…

The correct answer is A. mitigation. You’ll use several strategies when determining both negative risks and opportunities and formulating your response plans. The strategies to deal with negative risks include the following: Avoid: Avoiding the risk altogether or eliminating the cause of the risk event Transfer…

Project management concepts

Question

A project team decides to obtain a support contact on one of the hardware infrastructures being used on the project. This is to ensure the project is grounded if an issue with the hardware occurs during the course of the project. This type of risk response is known as:

Options

Amitigation.
Bavoidance.
Ctransference.
Dacceptance.

How the community answered

(29 responses)

A
90% (26)
B
7% (2)
C
3% (1)

Explanation

You’ll use several strategies when determining both negative risks and opportunities and formulating your response plans. The strategies to deal with negative risks include the following: Avoid: Avoiding the risk altogether or eliminating the cause of the risk event Transfer: Moving the liability for the risk to a third party by purchasing insurance, performance bonds, and so on Mitigate: Reducing the impact or the probability of the risk Accept: Choosing to accept the consequences of the risk

Topics

#risk mitigation#risk response strategies#hardware support#risk management

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