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Re write this: According to th Projct Managmnt Body of Knowldg (PMBOK) Guid, Sixth Edition, thr ar fiv primary stratgis for daling with thrats in
Re write this: According to th Projct Managmnt Body of Knowldg (PMBOK) Guid, Sixth Edition, thr ar fiv primary stratgis for daling with thrats in a projct are: 1. Avoidanc: Avoidanc involvs liminating th thrat ntirly by rmoving th caus or modifying th projct approach. Exampl: A projct tam is dvloping a nw softwar application and idntifis a risk that th softwar may not b compatibl with th targt oprating systm. To avoid this thrat, th tam could dcid to us a diffrnt oprating systm or dvlop th softwar using a platform-indpndnt framwork. 2. Transfr: Transfr involvs shifting th ownrship or rsponsibility for th thrat to a third party. Exampl: A construction projct is locatd in an ara with a high risk of natural disastrs. To transfr th risk of financial loss du to proprty damag, th projct managr could purchas insuranc covrag
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