Suppose a project has many hazards that could easily injure one or more persons and there is no method of avoiding the potential for damages. The project manager should consider __________ as a means of deflecting the risk.

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Suppose a project has many hazards that could easily injure one or more persons and there is no method of avoiding the potential for damages. The project manager should consider __________ as a means of deflecting the risk.

 Options:

 

  • A. Abandoning the project
  • B. Buying insurance for personal bodily injury
  • C. Establishing a contingency fund
  • D. Establishing a management reserve

 

The Correct Answer Is:

  • B. Buying insurance for personal bodily injury

Conclusion

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