Bill is the project manager for a project that will last six months and has a budget of $580,000. In
this project a high-risk has been identified with the new materials the project will be using. Bill
would like to assign one person, Beth, to be responsible to monitor this risk. Bill assigns Beth the
authority to respond to the risk event if it appears in the risk events that is likely to happen. In
addition, Bill hires a consultant to work with Beth on this area of the project. In this instance, who is
the risk response owner?

A.
Bill, because he is the project manager

B.
Beth, because she has the authority to respond to the risk event

C.
Beth and the consultant are the risk owners

D.
The consultant working with Beth, because this is transference