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Question 3 of 437
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This is a positive risk opportunity and therefore should be exploited by taking proactive actions
Since the risk save project costs so as a project manager i recommend to explore it before taking any decissions like mitigating or accepting it
D. This risk event is an opportunity to the project and should be exploited. Explanation: Option A suggests mitigation, but in this context, the risk is seen as an opportunity rather than a threat that needs mitigation. Option B mentions accepting the risk, but it doesn't capture the proactive stance of exploiting the opportunity. Option C suggests avoidance, which may not be the best approach when the risk presents a potential benefit. Therefore, option D is more aligned with the idea of treating the risk as an opportunity and actively seeking to exploit it for the project's benefit.