Which of the following strategies would not be appropriate to deal with an identified risk to a project?
A) Prevent it.
B) Mitigate it.
C) Accept it and hope the consequences will be minimal.
D) Accept it and plan how best to live with it.
E) Transfer it to another party (e.g. a contractor or insurance company).

Question

Quizplus · Accepted Answer

Accepting a risk and hoping for minimal consequences is not a proactive approach to risk management. It is important to take action to either prevent, mitigate, accept with a plan, or transfer the risk.

Which of the Following Strategies Would Not Be Appropriate to Deal