PMI-RMP · Question #67
Ben is the project manager of the CMH Project for his organization. He has identified a risk that has a low probability of happening, but the impact of the risk event could save the project and the…
The correct answer is C. Enhance. For positive risks (opportunities), the four response strategies are Exploit, Share, Enhance, and Accept. Enhance is used when you want to increase the probability or positive impact of an opportunity without guaranteeing it will occur. In this scenario, Ben is not trying to…
Question
Ben is the project manager of the CMH Project for his organization. He has identified a risk that has a low probability of happening, but the impact of the risk event could save the project and the organization with a significant amount of capital. Ben assigns Laura to the risk event and instructs her to research the time, cost, and method to improve the probability of the positive risk event. Ben then communicates the risk event and response to management. What risk response has been used here?
Options
- ASharing
- BTransference
- CEnhance
- DExploit
How the community answered
(33 responses)- A3% (1)
- B6% (2)
- C79% (26)
- D12% (4)
Explanation
For positive risks (opportunities), the four response strategies are Exploit, Share, Enhance, and Accept. Enhance is used when you want to increase the probability or positive impact of an opportunity without guaranteeing it will occur. In this scenario, Ben is not trying to ensure the opportunity happens with certainty (that would be Exploit), nor is he partnering with a third party (that would be Share). Instead, he is researching ways to improve the probability of the positive event occurring - which is the definition of Enhance. Laura's research into the time, cost, and method to increase probability confirms the Enhance strategy.
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