Question: You've identified a risk event on your current project that could save $ 1 0 0 , 0 0 0 in project costs if it

You've identified a risk event on your current project that could save $ 100,000 in project costs if it were to occur. Which of the following description reflects what this represents for the project?
* this is a risk event that should be avoided to take full advantage of the savings
* This risk event should be mitigated to take advantage of the savings and lower
our overall risks
* This risk event is an opportunity that should be exploited
* This is a risk event that should be accepted because the reward outweighs the threat to the project

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!