CRISC: Certified in Risk and Information Systems ControlDemo

Question

You are the project manager for the GHT project. You have identified a project risk event that could save $100,000 in project costs if it occurs. Which statement BEST characterizes this risk event?

A This risk event should be mitigated to take advantage of the savings.
B This is a risk event that should be accepted because the rewards outweigh the threat to the project.
C This risk event should be avoided to take full advantage of the potential savings.
D This risk event is an opportunity to the project and should be exploited.

Explanation

A possible $100,000 cost saving is a positive risk—an opportunity. Exploiting an opportunity means taking action to ensure that the beneficial event occurs and the project realizes its value.

CRISC: Certified in Risk and Information Systems ControlDemo

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Notes

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