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
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.
Answer C is incorrect. Opportunistic is not a valid risk response.
Answer B is incorrect. This is an example of a positive risk, but positive is not a risk response.
Answer A is incorrect. Enhancing is a positive risk response that describes actions taken to
increase the odds of a risk event to happen.