You are managing a project at Stonehill to update the network connectivity for every location on campus.
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Question:
You are managing a project at Stonehill to update the network connectivity for every location on campus. Your plan calls for the use of technicians to install and test new equipment. There is a shortage of technicians in the area and you realize this shortage presents a risk to the project. You decide to contract this work to an outside company who accepts the responsibility of finding and providing technicians for the project. This is which type of risk management:
You are managing a project at Stonehill to update the network connectivity for every location on campus. Your plan calls for the use of technicians to install and test new equipment. There is a shortage of technicians in the area and you realize this shortage presents a risk to the project. You decide to contract this work to an outside company who accepts the responsibility of finding and providing technicians for the project. This is which type of risk management:
Avoidance
Escalation
Acceptance
Transfer sharing
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