PMI-RMP · Question #268
Rex is the project manager of the BDF Project. This project will last for two years and has a budget of $2,345,000. Management has instructed Rex that the project must not go over budget as funds are
The correct answer is C. Exploit. Exploit is the risk response strategy for positive risks (opportunities) where you want to ensure the opportunity definitely occurs. Since Rex wants to guarantee the $75,000 savings happen, Exploit is correct. Share (A) allocates ownership of the opportunity to a third party bett
Question
Rex is the project manager of the BDF Project. This project will last for two years and has a budget of $2,345,000. Management has instructed Rex that the project must not go over budget as funds are very tight in the organization. During the project planning Rex and the project team discover a positive risk event to save $75,000. Rex wants to make certain that this risk event happens so which risk response method is most appropriate?
Options
- AShare
- BMitigation
- CExploit
- DEnhance
How the community answered
(45 responses)- A4% (2)
- B9% (4)
- C73% (33)
- D13% (6)
Explanation
Exploit is the risk response strategy for positive risks (opportunities) where you want to ensure the opportunity definitely occurs. Since Rex wants to guarantee the $75,000 savings happen, Exploit is correct. Share (A) allocates ownership of the opportunity to a third party better positioned to capture it. Enhance (D) increases the probability or impact of a positive risk but doesn't guarantee it. Mitigation (B) is a threat response, not an opportunity response.
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