PMP Exam Simulator
3h 50m 0s
Risk 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?