The use of subcontractors or joint ventures is most likely to be closely associated with this risk strategy.

Question

Quizplus · Accepted Answer

The use of subcontractors or joint ventures implies transferring the risk to another party, which is the essence of the transfer risk strategy. By subcontracting or forming a joint venture, the project or organization can leverage the expertise or resources of the subcontractor or partner to manage the risk better or share the burden of potential losses. Therefore, option D is the best choice.

The Use of Subcontractors or Joint Ventures Is Most Likely