All of the Following Activities Illustrate a Risk Response Strategy

question 33

Multiple Choice

All of the following activities illustrate a risk response strategy designed to exploit an opportunity EXCEPT: 

• A) identify trigger condition 
• B) assign more or better resources 
• C) purchase insurance 
• D) give the project more visibility

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Definitions:

Dimensions

Aspects or features that can be measured or used to define the characteristics of something.

Preferred Solution

The most favored or desirable resolution to a problem or issue among several alternatives.

Escalation of Commitment

A decision-making error in which individuals or organizations continue a course of action despite facing negative outcomes or feedback.

Preferences

Individual choices or inclinations regarding various options, based on personal likes, dislikes, values, or interests.