When risks are too high and cannot be mitigated, a project might employ a risk _______ strategy to avoid the risk entirely.

  • acceptance
  • avoidance
  • deflection
  • transference
The risk avoidance strategy involves taking actions to remove the threat or condition that represents the risk entirely, essentially ensuring that the risk event doesn't occur. This strategy is employed when risks are deemed too high and cannot be mitigated.
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