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Which of the following is a risk response planning technique associated with threats that seeks to reduce the

Which of the following is a risk response planning technique associated with threats that seeks to reduce the probability of occurrence or impact of a risk to below an acceptable threshold?

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A.
Avoidance

B.
Mitigation

C.
Exploit

D.
Transference

Explanation:

Mitigation is a risk response planning technique associated with threats that seeks to reduce the probability of occurrence or impact of a risk to below an acceptable threshold. Risk mitigation involves taking early

action to reduce the probability and impact of a risk occurring on the project. Adopting less complex processes, conducting more tests, or choosing a more stable supplier are examples of mitigation actions.

Answer option D is incorrect. When you are hiring a third party to own risk is known as transference risk response.

Answer option C is incorrect. Exploit is a strategy may be selected for risks with positive impacts where the organization wishes to ensure that the opportunity is realized.

Answer option A is incorrect. When extra activities are introduced into the project to avoid the risk, this is an example of avoidance.

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