Which of the following strategies represents the proper approach to a low 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

Identifying and developing a low risk, high reward project allows for potential gain without significant potential loss. By carefully examining the project and developing it properly, the potential benefits can be maximized while minimizing potential risks. Avoiding the project may cause missed opportunities and treating it as a routine project may not maximize the potential benefits. Pursuing it after all other projects are complete may not be the best use of time and resources. Cautiously examining the project is a good step, but it is not enough without proper development and identification. Therefore, identifying and developing is the best approach.

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