Which of the following strategies represents the proper approach to a high risk,high reward project?
A)Identify and develop
B)Avoid
C)Treat as a routine project
D)Pursue after all other projects are complete
E)Cautiously examine

Question

Quizplus · Accepted Answer

Cautiously examining the high risk, high reward project is the best strategy. It allows for a thorough analysis of potential risks and rewards before committing significant resources. Identifying and developing the project may lead to too much investment without fully understanding the risks, while avoiding the project altogether misses out on potential rewards. Treating it as a routine project or pursuing it after all other projects are complete may also not adequately address the unique challenges of the project.

Which of the Following Strategies Represents the Proper Approach to a High