Which of the following types of risk response are you following?

You are the project manager for a construction project. The project involves casting of a column in a very narrow space. Because of lack of space, casting it is highly dangerous. High technical skill will be required for casting that column. You decide to hire a local expert team for casting that column. Which of the following types of risk response are you following?

Question:

Which of the following types of risk response are you following?

Options:

Acceptance

Avoidance

Mitigation

Transference

Correct Answer

The Correct Answer for this Question is

Transference

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