Which response should the risk manager take?

The project director and project manager have met with the board and determined that the project has depleted the entire contingency reserve and has started eroding the profit margin.

The project manager would like the risk manager to take full advantage of opportunities.

Which response should the risk manager take?
A . Mitigate
B. Accept
C. Transfer
D. Exploit

Answer: D

Explanation:

The risk manager should choose to exploit opportunities, as this response aims to maximize the positive effects of opportunities, which can help recover the project’s contingency reserve and profit margin.

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