A project manager and risk manager are working on a new hotel development project for their organization and have completed the risk analysis processes for the identified risks. They determined that the organization might not be able to handle the consequences of some of the high-priority risk items, and the project's objectives and designs cannot change. The team is preparing risk responses for these high-priority risks Which risk response strategy will effectively manage these high-priority risks? Risk escalation Risk transference Risk avoidance Risk mitigation