There are four negative risk responses an organization can elect to use. Your organization is completing a project where some electrical work is deemed too dangerous to be completed internally. You advise that the project manager hire a licensed electrician to complete the dangerous assignment. What type of risk response have you advised in this scenario?

Question

Quizplus · Accepted Answer

Transference involves shifting the impact of a risk to a third party, such as hiring a licensed electrician to handle the dangerous work.

There Are Four Negative Risk Responses an Organization Can Elect