Question $74$

If the project manager of a medium$-$sized apartment housing construction project wanted to develop an appropriate risk response to the risk that a fire may destroy or damage the partially completed apartment complex during the construction process, the two most likely risk responses that would be employed would be:

risk avoidance and retaining of risk

retaining of risk and sharing of risk

risk mitigation and transfer of risk

risk avoidance and sharing of risk

retaining of risk and contingency planning