menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Project Management Study Set 3
  4. Exam
    Exam 7: Managing Risk
  5. Question
    What Is the Difference Between Mitigating a Risk and a Contingency
Solved

What Is the Difference Between Mitigating a Risk and a Contingency

Question 5

Question 5

Essay

What is the difference between mitigating a risk and a contingency plan? Provide real life examples that illustrate the difference.

Correct Answer:

verifed

Verified

The key distinction between a risk respo...

View Answer

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q1: The lowest risk value that an identified

Q2: The implications of an identified change need

Q3: Based on the following, which event should

Q4: Identify and briefly describe the five ways

Q6: Responses to all identifiable risks should be

Q7: One common mistake that is made early

Q8: Why might an organization be opposed to

Q9: Which of the following activities might you

Q10: Funds that are for identified risks that

Q11: Opportunities identified within a project are treated

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines