If your organization seizes this opportunity it would be an example of what risk response?

Your project is an agricultural-based project that deals with plant irrigation systems. You have discovered a byproduct in your project that your organization could use to make a profit.

If your organization seizes this opportunity it would be an example of what risk response?
A . Enhancing
B . Positive
C . Opportunistic
D . Exploiting

View Answer

Answer: D

Explanation:

This is an example of exploiting a positive risk – a by-product of a project is an excellent example of exploiting a risk. Exploit response is one of the strategies to negate risks or threats that appear in a project. This strategy may be selected for risks with positive impacts where the organization wishes to ensure that the opportunity is realized. Exploiting a risk event provides opportunities for positive impact on a project. Assigning more talented resources to the project to reduce the time to completion is an example of exploit response.

Incorrect Answers:

A: Enhancing is a positive risk response that describes actions taken to increase the odds of a risk event to happen.

B: This is an example of a positive risk, but positive is not a risk response.

C: Opportunistic is not a valid risk response.