Question

maintenance expense stay consistently the same during the system’s operational life T/F Mitigation shifts the risk...

maintenance expense stay consistently the same during the system’s operational life

T/F

Mitigation shifts the risk to another asset or party, such as an insurance company.

T/F

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Answer #1

Answer 1- False,

The maintenance expense does not stay consistent, it may vary differently in different types of maintenance as for some maintenance it can cost more and for some maintenance, it can cost less.

Answer 2- True,

This type of risk transfer actually reduces the risk for a business organization, where another party gets paid to take share some risk that may or may not happens in the future.

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