When considering risk response development, reducing the likelihood that an event will occur and / or reducing the impact that an adverse event would have on a project is known as _________ the risk.
A) escalating
B) mitigating
C) avoiding
D) transferring
E) eliminating

Question

Quizplus · Accepted Answer

Mitigating a risk involves taking actions to reduce the likelihood of the risk occurring or reducing the impact if the risk does occur, without completely avoiding or eliminating the risk.

When Considering Risk Response Development, Reducing the Likelihood That an Event