You are working to identify specific risks in your project, and you are concerned about the potential impact of a hardware failure on the project.

Based on the scenario above, how do you mitigate this risk before it impacts your project?

Purchase insurance to cover any potential losses associated with a hardware failure.

Confirm the product specifications with the vendor, and require that all changes are made in their next release.

Document the risk, and discuss a mitigation plan with the stakeholders.

Implement constant team coverage to monitor the status of the hardware.

Relocate the hardware to another facility that has the necessary electrical infrastructure to support the hardware.