Question

What are the three general strategies to mitigate risks?

a.

Avoidance, transfer, and acceptance

b.

Prevention, mitigation, and solution

c.

Identification, assessment, and control

d.

Planning, execution, and monitoring

Posted under Project Planning and Control Software Engineering

Answer: (a).Avoidance, transfer, and acceptance Explanation:The three general strategies to mitigate risks are avoidance, transfer, and acceptance. Avoidance is taking precautions so that risks will not occur, transfer is looking for another solution, and acceptance is providing for a contingency plan to be invoked when the risk does become a problem.

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