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Question:
A project manager and the project team review a recently completed risk assessment and evaluate options for responding to the identified risks. They reach an agreement that they will take no proactive action and instead deal with the consequences if and when they occur. What is this type of risk response?
A
Passive acceptance.
explanation
Passive and active acceptance are two types of risk acceptance in which no proactive risk response strategy is selected. Passive acceptance means that no action other than to periodically monitor the risk will be taken.
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