Which of the following risk responses delineates that the project plan will not be changed to deal with the risk?

The correct answer is A. Acceptance. Risk Acceptance means the project team has decided not to change the project plan to deal with the identified risk. The team simply acknowledges the risk and accepts its potential consequences if it occurs, without taking any proactive action. This is typically used for…

Security and Privacy Governance, Risk Management, and Compliance Program

Question

Options

AAcceptance
BMitigation
CExploitation
DTransference

How the community answered

(21 responses)

A
90% (19)
C
5% (1)
D
5% (1)

Explanation

Risk Acceptance means the project team has decided not to change the project plan to deal with the identified risk. The team simply acknowledges the risk and accepts its potential consequences if it occurs, without taking any proactive action. This is typically used for low-priority risks where the cost of response exceeds the potential impact. In contrast, Mitigation reduces the probability or impact of a risk, Transference shifts the risk to a third party (e.g., insurance), and Exploitation is a positive risk response used to ensure an opportunity actually occurs.

Topics

#Risk Acceptance#Risk Response#Risk Management

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