QuestionQ1849

Risk Response and Reporting

You are the project manager for the HFD project. You have identified several project risks and adopted alternatives to address them that do not seek to reduce either the likelihood of a risk event or its impacts. Which response have you implemented?

  • A Acceptance
  • B Mitigation
  • C Avoidance
  • D Contingent response
Explanation

Risk acceptance means recognizing a threat and deciding not to take action intended to reduce its probability or impact. It may be passive or may include preparing contingency measures for use if the risk occurs.

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