A project manager decides to release a product one month later, knowing marketing studies have shown doing so could require increased manufacturing capacity. Which of the following risk strategies…

Risk acceptance means the project team acknowledges a risk and consciously decides to proceed without changing the plan to address it. The PM releases the product later while fully aware that increased manufacturing capacity may result, taking no steps to prevent or reduce that outcome - this is a deliberate, passive acceptance of the identified negative risk.

Exploit is a response strategy reserved for positive risks (opportunities), used to ensure an upside is fully realized - it does not apply to negative risks like increased costs.

Transfer involves shifting the financial or operational burden of a risk to a third party (via insurance, contract, or outsourcing), which is not occurring here.

Mitigate requires taking action to reduce the probability or impact of the risk, but the PM makes no such effort - they simply proceed with full knowledge of the consequence.