Boris Has Identified a Key Risk in a New Project

Boris has identified a key risk in a new project he is leading. What are the acceptable ways to deal with this risk?

A) Analyze the risk then do nothing.
B) Invest resources to monitor the specific risk.
C) Pay another contractor to execute a piece of the project that seems risky with a penalty if they fail.
D) Pay an insurer to compensate the company with a cash payment if the risk does not work out.
E) Ignore the risk

Correct Answer:

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