Project Management

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Negotiation with the customer to reduce the risk exposure is a means that -

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Anupam India
The project manager may realize that some terms of the contract and project objectives will not be met. It would be costly and time consuming to meet some specifications. The project has a high degree of exposure to risk at this point. Negotiation with the customer to reduce the risk exposure is a means that -

A. Could eliminate all risk to the project and customer at no cost to either party

B. Could redefine the risk exposure to one of opportunities for both the project and customer

C. Could result in reduced scope for the project and an improved product for the customer

D. May cost less to pay penalties and meet a modified specification to meet the minimum customer requirements

E. All of the above
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Stéphane Parent Self Employed / Semi-retired| Leader Maker Prince Edward Island, Canada
I would say any, rather than all, of the above. Perhaps that was what you meant?
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Rami Kaibni
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Senior Projects Manager | Field & Marten Associates New Westminster, British Columbia, Canada
I won't vote for A & D but im in between B & C.
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Rajan Hariramabadran Varada Delivery Manager| Talisma Corporation Bangalore, Karnataka, India
B. Could redefine the risk exposure to one of opportunities for both the project and customer

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