Your project team has identified a project risk that must be responded to. The risk has been recorded in the risk register and the project team has been discussing potential risk responses for the risk event. The event is not likely to happen for several months but the probability of the event is high. Which one of the following is a valid response to the identified risk event?

Corrective actions include contingency plans and workaround plans, which are valid risk responses. Answer option B is incorrect. The technical performance measurement may be part of the analysis of the risk, but not part of the response. Answer option A is incorrect. A risk audit may be appropriate once the risk event and response has been identified. Answer option C is incorrect. The impact of the risk event may affect earned value management calculations, but EVM in and of itself is not a valid risk response.