A project manager on a construction project includes a line item in the budget for insurance for the equipment and job site. This is an example of:

Options
- Transference
- Mitigation
- Avoidance
- Acceptance

CORRECT ANSWER : Transference

Discussion Board
Explanation-

Common example of risk transference includes Insurance, Performance bonds, Warranties, Guarantees, Fixed-price contracts.

Sapna Ambadkar 03-20-2017 05:02 AM

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