What risk event is most appropriate?

You are the program manager for your organization. Management is considering a new program but they are worried about the program risks that may affect the program success. You know that there are three positive risks responses and three negative risk responses that each risk can have. Management asks you which risk response would be most appropriate for a large risk event if they wanted to hire a third-party to own the risk event for the program. What risk event is most appropriate?

Question:

What risk event is most appropriate?

Options:

Avoidance

Sharing

Transference

Mitigation

Correct Answer

The Correct Answer for this Question is

Transference

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