A Capture the risk in the Risk Register
B Ignore the risk as nothing can be done to avoid it
C Actively accept the risk and allocate time and cost reserve in contingency fund
D Proceed with Risk Response Strategy to counter the risk
Correct ans given is C. But to me it seems to be a case of "Watchlist" since there is no reliable info.
"project identifies the risk of a heavy storm in the coming months" which means its a KNOWN Risk
"there is no reliable information on the weather forecast or the severity of the storm" - UNKNOWN impact
KNOWN - UNKNOWN's - Risk response is to have a Contingency Plan
Hence the answer could be - Actively accept the risk and allocate time and cost reserve in contingency fund
Experts please validate my rationale .
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