Which of the following is a project risk response strategy?

Avoidance is a well-recognized project risk response strategy that aims to eliminate the risk entirely or protect the project objectives from its impact. By strategically altering project plans or methods, a project manager can circumvent potential threats before they occur, which effectively removes the possibility of that risk affecting the project.

In project management, avoidance can manifest in various forms, such as changing the project scope, adjusting timelines, or selecting different resources that are less prone to the identified risks. This proactive approach helps in managing risk by ensuring that certain risk factors are no longer part of the project's environment, therefore safeguarding project goals.

The other terms presented, while they have relevance in discussions of risk management, do not specifically represent formal risk response strategies recognized in project management practices.