Question

In risk management, removing the source of a risk is called:

Answer 1

Answer:

Risk avoidance

Explanation:

Risk avoidance is a threat management strategy.  The strategy involves making adjustments to the original project plans so that the risk triggering events are eliminated.  Although the strategy may not work in all projects, it is the most effective way of preventing risks.

Risk avoidance does not mean abandoning projects that have risks. It entails a deliberate and well-thought approach to reduce vulnerabilities that pose a threat to the project.