Your company and a competing company have created a teaming agreement for an opportunity. Through this team agreement you and your competitor can complete a major program for a client. This is, technically, a risk response for both organizations. What type of risk response are you dealing with in this instance?
In this scenario, your company and a competing company have come together to form a teaming agreement to handle a major program for a client. This collaboration indicates that both organizations are sharing the risks, resources, responsibilities, and rewards of the project. Therefore, this risk response is best categorized as 'Sharing'.
Answer is D
totally agree with D
yup sharing D
D. Sharing Creating a teaming agreement with a competing company is a form of risk sharing. Both organizations collaborate and share resources to address the challenges and opportunities associated with the program. This approach allows each company to leverage the strengths of the other, share responsibilities, and jointly manage the risks and rewards associated with the project.