Question: Take a look at how each of these project risks is handled and figure out if the risk is being avoided, mitigated, transferred, or accepted.

Take a look at how each of these project risks is handled and figure out if the risk is being avoided, mitigated, transferred, or accepted. 1. Stormy weather and high winds could cause very 5. A mud slide would be very damaging to your slippery conditions, so you put up a tent and wear project, but there's nothing you can do about it. slip-resistant footwear to keep from losing your footing. Avoided Mitigated Avoided Mitigated Transferred Accepted Transferred Accepted 6. A team member discovers that the location you planned on using is in a county that is considering 2. You buy a surge protector to make sure a lightning regulations that could be expensive to comply strike won't blow out all of your equipment. with. You work with a surveying team to find a new location. Avoided Mitigated Avoided Mitigated Transferred Accepted Transferred Accepted 3. Flooding could cause serious damage to your equipment, so you buy an insurance policy that 7. Surrounding geological features could interfere covers flood damage. with your communications equipment, so you bring a flare gun and rescue beacon in case it fails. Avoided Mitigated Avoided Mitigated Transferred Accepted Transferred Accepted 4. The manufacturer issues a warning that the safety equipment you are using has a small but nonzero probability of failure under the conditions that you'll be facing. You replace it with more appropriate equipment. Avoided Mitigated Transferred Accepted
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