Risk Strategy Utilized for Computers with Extended Warranties

C.

The risk strategy utilized by the project team that purchased computers with warranties extending throughout the entire project is "Transfer."

Risk transfer is a strategy that involves shifting the risk to another party or organization. In this case, the project team has transferred the risk of potential computer failures to the manufacturer or the warranty provider. This means that if any computer-related issues arise during the project, the team can claim warranty and have the computers repaired or replaced, thus minimizing the impact of the risk on the project.

The other answer choices - Share, Mitigate, and Avoid - do not apply to this situation.

• Share is a strategy that involves sharing the impact of a risk with another party. This would not apply in this case as the project team has not shared the risk with another party.
• Mitigate is a strategy that involves reducing the probability or impact of a risk. This would not apply in this case as the project team has not taken any action to reduce the probability or impact of the risk.
• Avoid is a strategy that involves eliminating the risk by not performing the activity that creates the risk. This would not apply in this case as the project team needs the computers to perform the project activities.