Negative Risks Strategies:
Avoid
Transfer
Mitigate
Accept
Positive risks Strategies:
Exploit
Enhance
Share
Accept
Since this is an opportunity, that's a positive risk therefore Exploit is the answer.
Huh, It's A, because there are positive risks that can generate happy endings, like completing a project early, taking advantage of a byproduct, a chance to work together uninterrupted, partner with another team or organization.
If an opportunity has emerged, the best action generally is to "Exploit the risk" (Option A), assuming that doing so aligns with the project's objectives and stakeholders' interests. Exploiting the opportunity allows the project to benefit from it, which could mean finishing under budget, ahead of schedule, or with higher than expected quality or customer satisfaction.
A. Exploit the risk is the BEST action for the project manager to take if an opportunity emerges in the middle of a project lifecycle.
Opportunities are positive risks (also known as opportunities) that can have a beneficial impact on the project. When opportunities emerge, the project manager should take advantage of them by exploiting them. Exploitation involves changing a project management plan in order to enhance the probability of achieving the opportunities. For example, a project manager could assign more resources, speed up a process, or take other proactive measures to exploit the opportunity and maximize the benefits.
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A (35%)
C (25%)
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