CompTIA Project+ (PK0-005) — Question 234

A project manager buys an extended warranty for a set of servers. Which of the following risk management strategies is the manager using?

Answer options

Correct answer: A

Explanation

The correct answer is A, Transfer, as purchasing an extended warranty shifts the financial risk of server failures to the warranty provider. Options B (Avoid) and D (Mitigate) do not apply because the manager is not eliminating or reducing the risk, and C (Accept) is incorrect as it indicates taking on the risk rather than transferring it.