A project team is in the process of risk planning.
One of the team members identifies a weather-related risk, which may cause delivery delays.
Which of the following is the BEST risk response strategy?
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A. B. C. D.C.
The BEST risk response strategy for a weather-related risk that may cause delivery delays during a project is to "Mitigate" the risk.
Mitigation is a risk response strategy that aims to reduce the likelihood or impact of a risk event. In this case, the team can take steps to mitigate the weather-related risk by identifying ways to minimize the effect of the weather on the delivery schedule. For example, they could arrange for alternative delivery routes or methods, add extra lead time to the delivery schedule, or implement measures to protect the delivery items from weather damage.
Exploit is a risk response strategy used when a risk has a positive impact on the project objectives, and the team wants to take advantage of it. Enhance is a risk response strategy used when the team wants to increase the probability and/or positive impact of a risk event. Communicate is a risk response strategy used when the team needs to inform stakeholders about a risk event and the actions being taken to address it.
In summary, given the scenario described, the best risk response strategy for the team to adopt is to "Mitigate" the weather-related risk to reduce its impact on the project's delivery schedule.