CAPM (Certified Associate in Project Management) Practice Exam

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How does the 'enhance' strategy in risk management work for opportunities?

  1. By taking no action as part of the planning process

  2. By shifting some of the risk to a third party

  3. By ensuring the opportunity is realized

  4. By increasing probability and/or impact of the opportunity

The correct answer is: By increasing probability and/or impact of the opportunity

The enhance strategy in risk management works for opportunities by increasing the probability and/or impact of the opportunity. This is done through proactive measures such as investing more resources, increasing collaboration and communication, or utilizing improved technology. Option A is incorrect because taking no action would not actively enhance the opportunity. Option B is incorrect because shifting risk to a third party does not necessarily enhance the opportunity itself. Option C is incorrect because ensuring the opportunity is realized only addresses the success of the opportunity, not necessarily enhancing it.

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