There are seven risk responses for any project. Which one of the following is a valid risk response for a negative risk event?

The correct answer is D. Acceptance. PMI identifies seven risk responses: four for negative risks (threats) and four for positive risks (opportunities), with 'Acceptance' applying to both. For negative risks, the valid responses are: Avoid, Transfer, Mitigate, and Accept. For positive risks (opportunities), the…

Security and Privacy Governance, Risk Management, and Compliance Program

Question

Options

AExploit
BShare
CEnhance
DAcceptance

How the community answered

(23 responses)

A
4% (1)
B
4% (1)
D
91% (21)

Explanation

PMI identifies seven risk responses: four for negative risks (threats) and four for positive risks (opportunities), with 'Acceptance' applying to both. For negative risks, the valid responses are: Avoid, Transfer, Mitigate, and Accept. For positive risks (opportunities), the responses are: Exploit, Share, Enhance, and Accept. Since the question asks about a negative risk event, Exploit (A), Share (B), and Enhance (C) are incorrect - they apply only to opportunities. Acceptance (D) is valid for negative risks, meaning the team acknowledges the risk and decides not to change the plan, choosing instead to deal with it if it occurs.

Topics

#Risk Management#Risk Response Strategies#Negative Risks#Risk Acceptance

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