Which of the following is not a form of risk reduction in project management?
A)backup system
B)outsourcing
C)risk sharing
D)scenario analysis
E)frequent monitoring of critical project dimensions in order to catch and eliminate problems early

Question

Quizplus · Accepted Answer

Scenario analysis is a technique used for risk assessment and management rather than risk reduction. It involves evaluating possible future events by considering alternative possible outcomes (scenarios), not directly reducing risk but rather identifying and understanding potential risks.

Which of the Following Is Not a Form of Risk