Why the other options are incorrect:
B. Avoid all kinds of risks – Unrealistic; not all risks can or should be avoided. Some risks are opportunities that can benefit the project.
C. Eliminate all negative risks – Elimination is often not possible or cost-effective; the goal is to reduce or mitigate, not necessarily eliminate.
D. Identify positive and negative risks – This is part of the process, but not the main objective. Identification alone does not manage the risks.
It's A. From the Book Chapter 11. "The objectives of project risk management
are to increase the probability and/or impact of positive risks and to decrease the probability and/or impact of negative risks, in order to optimize the chances of project success."
C is tempting and can be correct since given this opportunity to eliminate all the negative risks project managers would do it. in other words, the ultimate goal is to eliminate risks that result in decreasing the negative risks.
A is correct-Increase the probability of positive risks, and descrease the probability of negative risks to optimize the chances of project success-Chapter 11
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