Project Management

Transference

last edited by: Dave Garrett on Oct 14, 2006 11:33 PM login/register to edit this page


Transference of risk involves shifting of the consequence and impact of the risk to a third party. This can include the use of insurance, as well as performance bonds, warranties, guarantees, or fixed price contracts.


last edited by: Dave Garrett on Oct 14, 2006 11:33 PM login/register to edit this page


"A good composer does not imitate; he steals."

- Igor Stravinsky

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