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?
Suggested Answer: C
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13 comments · newest first
ZI
Zita
11 months ago
This is classic mitigation, no doubt about it!
AN
Annita
12 months ago
Sounds like a smart move, but can the local team really handle it?
LY
Lynna
12 months ago
Wait, isn’t that more like transference?
ED
Edison
12 months ago
I agree, it’s all about minimizing danger here.
JE
Jeff
1 year ago
Definitely mitigation, bringing in experts to reduce risk.
MA
Mable
1 year ago
I guess acceptance could apply if we were just going to deal with the risk, but hiring experts seems more proactive.
EL
Eleonora
1 year ago
I'm not entirely sure, but I feel like this could also be seen as mitigation since you're trying to reduce the danger by bringing in skilled help.
MA
Margot
1 year ago
I remember studying risk responses, and I think hiring an expert might relate to transference since you're shifting the risk to someone more capable.
AR
Arthur
1 year ago
I practiced a question similar to this, and I think avoidance would mean not doing the casting at all, which isn't the case here.
GE
Georgiana
1 year ago
Hmm, this one's tricky. I'll need to think through the OSI model layers and their responsibilities to figure this out.
TU
Tuyet
1 year ago
I'm leaning towards option D - understanding the regulatory and legal framework and assessing its relevance. That feels like it would be a core part of an internal auditor's role.
GA
Gabriele
1 year ago
I remember practicing a question similar to this, and it had something to do with "service netsvc1." Maybe that's the correct one?
FR
Frederica
1 year ago
I'm not too sure about option B. I thought part of an emergent strategy is to act quickly rather than analyze everything first.