Different ways of responding to particular risk

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Reference no: EM133641489

Question

The project manager and the project team are currently assessing different ways of responding to a particular risk. The project is about reconstructing part of their current office building and they're worried about a hurricane that could take place and damage the materials or parts of the unfinished building. The best response they could have came up with was to purchase insurance if the hurricane does take place. What kind of strategy is this?

Reference no: EM133641489

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