Question: Discuss the following risk management options ( for each method, give advantages and disadvantages 1 . Avoidance 2 . Reduction 3 . Sharing 4 .

Discuss the following risk management options (for each method, give advantages and
disadvantages
1. Avoidance
2. Reduction
3. Sharing
4. Transfer
5. Deference
6. Mitigation
7. Contingency
8. Insurance
9. Acceptance

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