You are the project manager for the NHQ Project. This project requires that you install 140 copies of design software onto your department's computers. The vendor offers you a twenty percent…

Exploiting an opportunity means taking deliberate action to ensure it definitely occurs, such as guaranteeing the full purchase of 150 copies directly without needing other departments - not involving partners to help meet the threshold.

Avoidance is a threat response strategy used to eliminate a negative risk entirely and is not applicable to capturing a cost-saving positive risk opportunity.

Risk sharing for opportunities involves partnering with or involving another party to increase the probability of capturing the positive risk (opportunity). By coordinating with other departments to jointly purchase 150 or more licenses, the project manager shares the opportunity's benefit with others to meet the vendor's discount threshold. This is a textbook example of sharing as an opportunity response strategy in PMI risk management.

Transference shifts a threat's impact and liability to a third party; it is a negative risk response strategy and not applicable to leveraging a vendor discount opportunity.