Which of the following can be considered a positive risk response?

The correct answer is C. Exploit. Exploit is a positive risk response strategy used when an opportunity (positive risk) is identified - the goal is to ensure the opportunity definitely occurs by eliminating uncertainty around it. The other three choices are negative risk responses: Mitigate (A) reduces the…

Project management concepts

Question

Options

AMitigate
BTransfer
CExploit
DAvoid

How the community answered

(42 responses)

A
5% (2)
B
7% (3)
C
86% (36)
D
2% (1)

Explanation

Exploit is a positive risk response strategy used when an opportunity (positive risk) is identified - the goal is to ensure the opportunity definitely occurs by eliminating uncertainty around it. The other three choices are negative risk responses: Mitigate (A) reduces the probability or impact of a threat, Transfer (B) shifts the financial impact of a threat to a third party, and Avoid (D) eliminates the threat entirely. In risk management, opportunities have their own response strategies: Exploit, Enhance, Share, and Accept.

Topics

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

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