Which of the following is a risk response planning technique associated with threats that seeks to reduce the probability of occurrence or impact of a risk to below an acceptable threshold?

The correct answer is D. Mitigation. Mitigation is the risk response strategy for threats that aims to reduce the probability of occurrence or impact of a risk to below an acceptable threshold. It does not eliminate the risk entirely but brings it within acceptable limits. Avoidance (A) eliminates the threat by…

Risk Strategy and Planning

Question

Options

AAvoidance
BExploit
CTransference
DMitigation

How the community answered

(33 responses)

A
6% (2)
B
3% (1)
C
3% (1)
D
88% (29)

Explanation

Mitigation is the risk response strategy for threats that aims to reduce the probability of occurrence or impact of a risk to below an acceptable threshold. It does not eliminate the risk entirely but brings it within acceptable limits. Avoidance (A) eliminates the threat by changing the project plan. Exploit (B) is an opportunity response strategy. Transference (C) shifts the negative impact to a third party (e.g., insurance).

Topics

#Risk Response Planning#Threat Response#Mitigation

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