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PK0-003 · Question #152

Which of the following risk strategies can be used to ensure a positive risk is realized?

The correct answer is D. Exploit. To ensure a positive risk (opportunity) is realized, the exploit strategy is used, which involves taking direct action to make the opportunity happen.

Project management concepts

Question

Which of the following risk strategies can be used to ensure a positive risk is realized?

Options

  • AAccept
  • BEnhance
  • CShare
  • DExploit

How the community answered

(22 responses)
  • A
    5% (1)
  • B
    9% (2)
  • D
    86% (19)

Why each option

To ensure a positive risk (opportunity) is realized, the exploit strategy is used, which involves taking direct action to make the opportunity happen.

AAccept

Accept is a strategy for both positive and negative risks where no action is taken to change the risk's outcome; if it's an opportunity, you simply hope it occurs.

BEnhance

Enhance is a strategy for positive risks that involves increasing the probability and/or impact of an opportunity, but it does not necessarily ensure it is realized, unlike 'exploit'.

CShare

Share is a strategy for positive risks where the ownership of an opportunity is assigned to a third party best able to capture the opportunity for the benefit of the project, which is not about ensuring realization by the project team directly.

DExploitCorrect

Exploit is a strategy for positive risks (opportunities) where the project team acts to ensure that the opportunity is realized, often by removing any uncertainty associated with it or allocating resources to make it happen.

Concept tested: Positive risk response strategies

Topics

#positive risk#opportunity management#risk response strategies#exploit risk

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