You are the project manager for GHY Project and are working to create a risk response for a negative risk. You and the project team have identified the risk that the project may not complete on time, as required by the management, due to the creation of the user guide for the software you're creating. You have elected to hire an external writer in order to satisfy the requirements and to alleviate the risk event. What type of risk response have you elected to use in this instance?

Question

Quizplus · Accepted Answer

Transference involves shifting the impact of a risk to a third party, such as hiring an external writer to handle the task.

You Are the Project Manager for GHY Project and Are