Question

Which of the following is an example of a risk avoidance technique?

Q: Answer-Which of the following is an example of a risk avoidance technique?

Risk transfer is a risk management technique that involves transferring the risk to another party. Outsourcing a task to a third-party vendor is an example of risk transfer.

A Implementing controls to reduce the likelihood of a risk occurring

B Transferring the risk to another party

C Accepting the risk and choosing not to take any action

D Changing the project scope to eliminate the risk

E Developing a contingency plan to deal with the risk

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Which of the following is an example of a risk avoidance technique?

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