Question

Difference between risk transfer and risk shifting

Answer 1

risk response stretchy aimed at reducing the risk impact by transfering the responsibility for a risk event for a third party

Answer 2

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Above answer is absolutely correct

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• Technical risks are those events or issues associated with the scope definition, research and development (R&D), design, construction, and operation that could affect the actual level of performance vs. that specified in the project mission need and performance requirements documents.

• Schedule risk is the risk associated with the adequacy of the time allotted for the planning, R&D, facility design, construction, and startup operations.