Which of the following is a method for risk mitigation in project management?

Prepare for the BICSI Registered Telecommunications Project Manager Exam with our quiz. Test your knowledge through multiple choice questions, hints, and explanations to ensure success.

Risk mitigation in project management involves identifying potential risks and implementing strategies to minimize their impact on the project's outcome. Moderation is a method that can be applied to manage risks by carefully controlling various project variables and making adjustments as necessary.

When risks are identified, moderation can help ensure that the project scope, resources, and timeline remain manageable. This approach often involves balancing competing demands to reduce the likelihood or severity of adverse effects. By practicing moderation, project managers can create an environment that reduces risk exposure and maintains project integrity.

While innovation, adaptation, and delegation each have their roles in project management, they do not specifically focus on the structured approach of mitigating risks as effectively as moderation does. Innovation might lead to new solutions that could circumvent risks but does not inherently address risk management. Adaptation involves responding to changes, which is important but is a reactive approach. Delegation refers to assigning tasks to team members and is useful for workload management but does not directly relate to managing or mitigating risks.

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