Risk Exploiting

From CNM Wiki
Revision as of 15:04, 4 July 2020 by QiratH (talk | contribs) (Created page with "Risk Exploiting is a risk response strategy whereby the project team acts to ensure that an opportunity occurs. See also risk acceptance, risk avoidance, risk enhancement,...")
(diff) ← Older revision | Latest revision (diff) | Newer revision → (diff)
Jump to: navigation, search

Risk Exploiting is a risk response strategy whereby the project team acts to ensure that an opportunity occurs. See also risk acceptance, risk avoidance, risk enhancement, risk mitigation, risk sharing, and risk transference.

Definition

According to the PMI Lexicon of Project Management Terms,

Risk Exploiting. A risk response strategy whereby the project team acts to ensure that an opportunity occurs. See also risk acceptance, risk avoidance, risk enhancement, risk mitigation, risk sharing, and risk transference.