In some cases,project teams will elect to reduce a threat to a level that a sponsor and other stakeholders deem acceptable,rather than eliminate it completely.

Question

Quizplus · Accepted Answer

This is a valid strategy for risk management, as it may be impractical or costly to completely eliminate all threats. Rather, the team can work to reduce the likelihood of a threat occurring, or minimize its impact if it does occur, to a level that is considered acceptable by those involved in the project.

In Some Cases,project Teams Will Elect to Reduce a Threat