Which of the following is an approach to managing the risk that a contractor may not complete a complex project properly?
A)Require the contractor to operate it for a while to demonstrate everything is functioning as it should.
B)Award the same project to multiple contractors to improve the chances that one of the contractors will successfully finish the project.
C)Guarantee that key employees from the contractor will have high-paying jobs with the primary company on successful completion of the contract.
D)Recruit personnel on behalf of the contractor to ensure that high-quality resources are deployed in the project.

Question

Quizplus · Accepted Answer

Requiring the contractor to operate the completed project for a while to demonstrate that everything is functioning properly is a common approach to managing the risk of a contractor not completing a complex project properly. This way, any issues or defects can be identified and addressed before the contractor is released from their contractual obligations. Awarding the same project to multiple contractors is not a recommended approach, as it can lead to coordination issues and may not be cost-effective. Guarantees of high-paying jobs or recruiting personnel for the contractor are not effective risk management strategies for project completion.

Which of the Following Is an Approach to Managing the Risk