Certified in Risk and Information Systems Control (CRISC) — Question 154
You are the project manager of GRT project. You discovered that by bringing on more qualified resources or by providing even better quality than originally planned, could result in reducing the amount of time required to complete the project. If your organization seizes this opportunity, it would be an example of what risk response?
Answer options
- A. Enhance
- B. Exploit
- C. Accept
- D. Share
Correct answer: B
Explanation
The correct answer is 'Exploit' because it refers to taking advantage of an opportunity that can enhance project outcomes. 'Enhance' is related to improving the likelihood of a positive risk, while 'Accept' means acknowledging a risk without taking action, and 'Share' involves distributing the risk to another party.