Your company and a competing company have created a teaming agreement for an opportunity. Through this team agreement you and your competitor can complete a major program for a client. This is, technically, a risk response for both organizations. What type of risk response are you dealing with in this instance?
Show Answer & Explanation
Correct Answer: D. Sharing
Sharing is a positive risk (opportunity) response where two or more parties jointly own an opportunity to increase the probability of success — a teaming agreement between competitors to pursue a major program is a textbook example of sharing. Option A (teaming) describes the mechanism (the agreement itself), not the risk response strategy — teaming is how sharing is implemented, not the PMI risk response term. Option B (exploiting) is an opportunity response used to ensure the opportunity definitely occurs, typically by eliminating uncertainty, which is not what a teaming agreement does. Option C (accepting) means taking no action and dealing with consequences if the risk occurs, which contradicts the proactive nature of forming a teaming agreement.