QuestionQ161

VerifiedSecure Software Concepts

You are the project manager for a construction project. The project requires casting a column in a very narrow space. Because space is limited, casting it is highly dangerous. High technical skill is required to cast that column. You decide to hire a local expert team to cast it. Which type of risk response are you following?

Explanation

Risk transference shifts ownership and responsibility for a threat to a third party, commonly by hiring a specialized contractor. Engaging an expert team to perform the dangerous, highly technical column-casting work transfers the associated execution risk.

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