Certified in Risk and Information Systems Control (CRISC) — Question 64

Ben is the project manager of the CMH Project for his organization. He has identified a risk that has a low probability of happening, but the impact of the risk event could save the project and the organization with a significant amount of capital. Ben assigns Laura to the risk event and instructs her to research the time, cost, and method to improve the probability of the positive risk event. Ben then communicates the risk event and response to management. What risk response has been used here?

Answer options

• A. Transference
• B. Enhance
• C. Exploit
• D. Sharing

Correct answer: B

Explanation

The correct answer is 'Enhance' because Ben is looking to increase the probability of a positive risk event. Transference, Exploit, and Sharing are not applicable here; Transference involves shifting the risk to another party, Exploit focuses on ensuring the risk occurs, and Sharing involves distributing the risk among multiple parties.