Boris Has Identified Some Key Risks in a New Project

Multiple Choice

Boris has identified some key risks in a new project he is leading. What are the acceptable ways to deal with this risk?

A) Say this risk is fine and do nothing.
B) Invest resources to monitor the specific risk.
C) Pay another contractor to execute a piece of the project that seems risky with a penalty if they fail.
D) Pay an insurer to compensate the company with a cash payment if the risk does not work out.