5.

The risk startegies are :-

1) Avoid

2) Accept

3) Reduce/control

4) Transfer

For each risk we encounter, we have to deal with it.

1) Avoid:- In this you have to completely avoid the failures or the undesired events which can cause
the risk.

2) Accept:- There is chance of failure can happen in the hands of the customer. so, If the failure is at
acceptable rate then make it at low estimated failure and send it to the customer.

3) Reduce/ control:- If the risks are happened try to reduce them. Certain failures cannot be reduced
so, control them to the least.

4) Transfer:- If you find the risks in the project then transfer it to the another organisation but it may
reduce the reputation of your organisation.