When considering risk response development, reducing the likelihood that an event will occur and/or reducing the impact that an adverse event would have on a project is known as ________ the risk.
Fill in the blank(s) with the appropriate word(s).
mitigating
Reducing risk is usually the first alternative considered. There are basically two strategies for mitigating risk: (1) reduce the likelihood that the event will occur and/or (2) reduce the impact that the adverse event would have on the project.
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Indicate whether the statement is true or false
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What will be an ideal response?
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