The correct answer would be, Cross-training program.
Each project team member had a back up that could fill in at a moment's notice should another team member fall by the way side. The project was able to mitigate risks in this fashion. Thanks to an aggressive Cross-training program.
Explanation:
A Cross Training Program is basically a program for employees in an organization in which employees are trained to perform tasks that are not in their own job description.
These training are done to build the skill sets and to ensure the coverage of key job responsibilities.
This approach of cross training is very useful in minimizing the risk as this training equip employees to do tasks that are not their own job but due to such training, they are able to perform the other tasks in emergency situations and thus are highly useful in risk management.
For example if there is a task which is to be completed by an employee in the coming week and the employee falls sick, then because some other employee is trained to do the task, that task won't be suffered an will be done on time by the back up employee.
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I think p = 80 because
10% of 80 = 8
8 x 5 years = 40$
<span>The correct answer is a combination of privately-owned businesses and government regulations. In a mixed economy, the government allows for private businesses to supply certain goods. However, the government is involved in supplying critical goods such as in the utility sector. It can also intervene when need arises.</span>
