Final answer:
The student's question addresses the mitigation of project risks in response to adverse weather conditions. When dealing with potential tornado threats, options include accepting or mitigating the risk, with mitigation often being the safer approach to minimize negative outcomes.
Step-by-step explanation:
Regarding the student's question about project risk management, the measures taken by putting up a tent and wearing slip-resistant footwear in response to stormy weather and high winds represent a strategy to mitigate the risk. Mitigation involves taking actions to reduce the severity or likelihood of a risk event's negative impact.
Using the context of a tornado threat, Plan A (doing nothing) and Plan B (boarding up windows and taking shelter) represent options for risk management. Plan A implies accepting the risk, while Plan B suggests efforts to mitigate the potential impact of the tornado. Economic, health, and political risks during natural disasters underscore the importance of effective risk management approaches like mitigation and may necessitate measures such as federally deploying the National Guard.
The precautionary principle is suggested when the effects of a human activity on the environment are poorly understood, which underscores the need to presume potential harm and proceed carefully.