QuestionQ200

VerifiedRisk Management

You are the project manager for Bluewell Inc. and are working on the NGQQ Project for your company. You have completed the risk analysis processes for the risk events. You and the project team have developed risk responses for most identified project risks. Which risk response planning technique will you use to transfer the impact of a threat to a third party, along with the responses?

Explanation

Risk transference assigns ownership of a threat’s impact and its response to a third party, typically through contractual arrangements such as insurance, warranties, or bonds.

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