Reply to this post agree or disagree and explain why your reply is between 150-200 words

Risk is any uncertain event or condition that could affect the project. This could be a positively or negatively and usually forces the project manager and the team members of the project to change the way they operate. Once risk has been identified by the project manager, then four techniques are available in which risk can be reduced which include avoidance, acceptance or sharing, mitigation, and transfer. Risk avoidance involves developing an alternative strategy thats more likely to succeed despite the higher cost or eliminating the threat to protect the project from the impact of the risk. For example, choosing supplier with a proven track record instead of a new supplier who offers significant price incentives a recent one is the shift to work from home to prevent employees from contacting COVID-19. Organizations decided on this measure to avoid the risk of employees getting sick. This strategy however possesses some challenges and usually taken forth once the manager has no alternative or zero tolerance for risk in question.