All of the following activities illustrate a risk response strategy designed to exploit an opportunity EXCEPT:
A) identify trigger condition
B) assign more or better resources
C) purchase insurance
D) give the project more visibility

Question

All of the following activities illustrate a risk response strategy designed to exploit an opportunity EXCEPT: 
A) identify trigger condition 
B) assign more or better resources 
C) purchase insurance 
D) give the project more visibility

Quizplus · Accepted Answer

Purchasing insurance is not a risk response strategy designed to exploit an opportunity. It is a risk response strategy designed to mitigate or transfer the impact of a potential risk. The other options listed (identifying trigger conditions, assigning more or better resources, and increasing project visibility) are all examples of risk response strategies designed to exploit an opportunity.

All of the Following Activities Illustrate a Risk Response Strategy