Question: A program manager elects not to bid on a proposal since the probability of winning the job is low and it requires significant investment to

A program manager elects not to bid on a proposal since the probability of winning the job is low and it requires significant investment to participate in the proposal effort. This type of approach is known as: a. Risk Mitigation Planning b. Risk Avoidance Strategy c. Risk Reduction Strategy d. Risk Transfer Strategy e. Risk Acceptance Strategy

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