Evaluate the three statements below about project risks

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Evaluate the three statements below about project risks, and then choose the correct alternative: 1-A risk management plan should define who has responsibility for causing each risk and hold the responsible party directly accountable for developing an appropriate solution. I-Risk response strategies such as mitigation and exploitation apply to both threats and opportunities. I-In some cases, project teams will elect to reduce a threat to a level that a sponsor and other stakeholders deem acceptable, rather than eliminate it completely.

Reference no: EM133777479

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