Purpose Enhancing Risks Done Needs Please Provide Example Enhance Risk Q34185960

What is the purpose of enhancing risks, how is that done, andwho needs to do it? Please provide an example where you can enhancea risk.

Expert Answer

The purpose of enhancing risks is identifying the opportunitiesthat will make the occurrence of positive risks possible in aproject. These positive risks can be beneficial for the project andhence the probability of its occurrence is increased. Though thesurety of the occurrence is not there the odds of it happening areincreased to the maximum. It is done by understanding the cause ofthe opportunity, identifying the risks that can be beneficial forthe project and then forming