PMP Exam Simulator

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3h 50m 0s
info iconPMP exam lasts 230min and has 180 questions
info iconUse acceleration to have extra 30m in reserve on exam

lock iconRisk Management

You have been transferring glass decorations for a while without any issues. However this time, your estimation shows that there is a 10% probability that the decorations could be damaged and they are worth $650,000. While exploring the possibility to transfer the risk to an insurance company, you find out that the insurance premium is $20,000. What would be the best thing for you to do in this case, as the project manager?