Question: Prism Manufacturing is planning a project to replace its existing accounting system as it is unable to provide managers with the detailed analysis of costs

"Prism Manufacturing is planning a project to replace its existing accounting system as it is unable to provide managers with the detailed analysis of costs that they need. One of the risks identified with the project is that the existing staff may not be able to learn how to use the new system and may ignore the additional functionality that it provides. The impact of this would be high, and the likelihood high. What would be the most appropriate steps to deal with this risk?

a. Transfer the risk by outsourcing the project.

b. Reduce the risk by replacing the staff.

c. Avoid the risk by training staff.

d. Absorb the risk - don't take any action and hope for the best

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