There are seven risks responses that a project manager can choose from. Which risk response is appropriate for both positive and negative risk events?

Acceptance is a risk response that involves deciding not to take any action regarding a risk, whether it's a threat or an opportunity. For negative risks, this means acknowledging the risk and its potential impact but choosing not to mitigate it; for positive risks (opportunities), it means acknowledging the potential benefit but choosing not to enhance it. This approach can be passive or active, but in both cases, it applies to both threats and opportunities.

Transference (or transfer) is primarily used for negative risks, moving the ownership and responsibility of the risk to a third party.

Sharing is a strategy typically applied to positive risks (opportunities) to increase the probability and/or impact of the opportunity, by sharing ownership with a third party.

Mitigation is specifically a response for negative risks, aiming to reduce the probability or impact of the threat to an acceptable level.