A risk manager is reviewing documentation for a project following a risk planning workshop with project stakeholders and team members. Several items have been identified on the risk log that would be detrimental to project success, but the associated triggers cannot be managed by the organization and are unlikely to occur.
Which response should the risk manager recommend for these risk items?
31 comments · newest first
NA
Natalya
10 months ago
Wait, so we just accept risks that could hurt the project? Really?
LU
Luann
10 months ago
I disagree, we should always try to mitigate!
RA
Ranee
11 months ago
Sounds like accepting those risks is the way to go.
JA
Jaime
11 months ago
Yeah, if the triggers are unlikely, accepting makes sense.
EZ
Ezekiel
11 months ago
Enhancing might be an option too, but it depends on the context.
GA
Galen
11 months ago
I think we talked about exploiting risks that could be beneficial, but in this case, it seems like acceptance is the way to go since the triggers are unlikely.
PI
Pilar
12 months ago
I feel like the right answer could be to accept the risk, especially since the triggers are out of our control. But I’m not 100% confident.
DE
Delfina
12 months ago
I’m not entirely sure, but I think we might have covered a similar question where we decided to enhance risks that were manageable. This feels different since the triggers can't be managed.
KI
Kirk
1 year ago
I remember discussing how if triggers are unlikely to occur, it might be best to just accept the risk rather than spend resources trying to mitigate it.
VI
Vince
1 year ago
The key here is that the triggers can't be managed by the organization. That means mitigation is off the table. Accepting the risks is the logical choice.
LO
Lorita
1 year ago
I'm a little confused. What's the difference between accepting and enhancing the risks? Shouldn't we try to do something to improve the situation?
JE
Jeannine
1 year ago
I think accepting the risks is the way to go here. The question says the triggers can't be managed, so trying to mitigate them would be a waste of time and resources.
LE
Leatha
1 year ago
Hmm, I'm not sure. Accepting the risks seems risky, even if they're unlikely. Maybe we should look into ways to mitigate them just in case.
LA
Lauran
1 year ago
This one seems pretty straightforward. If the triggers can't be managed and the risks are unlikely to occur, the best option is to accept them.
VA
Vanda
1 year ago
I think mitigating the risks would be the safest option for the project.
ST
Steffanie
1 year ago
I agree with Yoko, enhancing the risks could lead to better project outcomes.
YO
Yoko
1 year ago
I disagree, I believe the risk manager should recommend to enhance those risks.
WI
Willodean
1 year ago
D) Exploit? Really? That's like trying to harness a tornado or tame a wild tiger. B) Accept is the way to go, my friend. Might as well just sit back and enjoy the show.
AL
Alysa
1 year ago
Hmm, this one's a bit tricky. But I'd have to go with B) Accept. Trying to exploit these risks seems like a risky move, and enhancing them is just plain crazy. Best to play it safe and accept them.
SH
Shawna
1 year ago
Agreed, accepting the risks is the safest option.
SH
Shawna
1 year ago
Accept
WI
Willodean
1 year ago
B) Accept makes the most sense to me. There's no point in trying to mitigate or enhance risks that are out of our hands. Might as well just accept them and move on.
TH
Thurman
1 year ago
Celia: Mitigating or enhancing risks that are unlikely to occur would just be a waste of resources.
BE
Bernardine
1 year ago
User 3: Accepting the risks and moving on seems like the most practical approach in this situation.
CE
Celia
1 year ago
User 2: Definitely, it's better to focus our efforts on risks that we can actually manage.
BI
Billy
1 year ago
User 1: I agree, accepting the risks that we can't control is the best option.
CA
Carissa
1 year ago
I think the risk manager should recommend to accept those risks.
WH
Whitley
2 years ago
I think the correct answer here is B) Accept. If the triggers for these risks are outside the organization's control and unlikely to occur, then accepting the risk seems like the best approach.
WH
Whitney
1 year ago
I think in this case, accepting the risk is the best choice since the triggers are outside our control.
AN
Angelyn
1 year ago
But what about mitigating the risk? Wouldn't that be a better option to consider?
OW
Owen
1 year ago
I agree, accepting the risk would be the most appropriate response in this situation.