You were appointed as a project manager in a software development project. When performing risk response planning you learn that the project involves the use of a new software coding product that contains major bugs. The probability of this negative risk is so high that your sponsor decides to terminate the project. The management decision to terminate the project is an example of:

a. Exploiting a risk

b. Mitigating a risk

c. Avoiding a risk

d. Terminating a risk