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Select ALL strategies listed for risk management planning.

Answer

Risk avoidance, Risk monitoring, Risk management and contingency planning

Explanation

### Why this is right - **Risk avoidance** is a listed response strategy. - **Risk monitoring** tracks how risk changes during the project. - **Risk management and contingency planning** prepares how to respond if a risk occurs. ### The concept Risk planning sets out how significant risks will be handled. Monitoring is continuous because project conditions can change. The material does not recommend ignoring risks solely because their probability is low. ### The other options - **D. Ignoring every low-probability risk**: This is not a listed strategy and could overlook a risk with severe consequences. ### Terms - **Contingency planning**: Preparing actions to take if a risk becomes a problem. ### Remember Risk plans specify avoidance, monitoring, and planned responses.

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