Middle+ — Senior
What strategies are used to respond to positive risks?
sobes.tech AI
Answer from AI
Positive risk is an opportunity that can benefit the project. Main strategies for responding to positive risk include:
- Exploit: taking actions to ensure the opportunity is realized.
- Enhance: increasing the probability or positive impact of the risk.
- Share: transferring some responsibility or resources to a partner better equipped to handle the opportunity.
- Accept: consciously accepting the risk without active measures if the cost of management exceeds the benefits.