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Sara is working as the Project Manager. She worked with the team to identify all risks and the response in the event of risk occurrence. However, for one of the risk, even after trying all possible options she could not identify suitable response. Which risk response strategy would be better to apply here?
a. Avoidance
b. Mitigation
c. Acceptance
d. TransferenceCorrect answer is C.
It is not possible to develop response strategy for all risks. In such scenarios, it is better to accept the risk.
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