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Match each example to it's risk strategy. Removing a part of the project that is determined high risk Hiring a specialist / expert Hire two
Match each example to it's risk strategy.
Removing a part of the project that is determined high risk
Hiring a specialist expert
Hire two companies to test the security of the new software
Weather might delay the project. A cost estimate is created to cover this if it happens.
Partner with another company of the project
If we finish the project ahead of time, the company will be able to take on an additional desired project. We add more resources to try to finish ahead of time.
The project manager knows that if the key stakeholders are kept updated on the project, they have committed to additional resources if needed. The project manager holds regular meetings with the stakeholders.
Avoid
Transfer
Mitigate
Accept
Share
Enhance
Exploit
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