CompTIA CASP+ Practice Test

What risk treatment option may be suitable when innovative solutions mitigate certain risks but do not eliminate them?

1. Avoiding risks altogether.

2. Transferring the risks.

3. Accepting the risks.

4. Mitigating the risks further.

The correct answer is: Accepting the risks.

When dealing with risks associated with innovative solutions, accepting the risks is often the most suitable treatment option when partial mitigation of those risks occurs. This means that although the innovative solution reduces the probability or impact of specific risks, it doesn't completely eliminate them. In such cases, organizations are faced with the decision of whether to proceed with an innovation despite the remaining risks. Accepting the risks acknowledges that they are managed to a level considered acceptable within the organization’s risk tolerance or strategic objectives. Typically, this can be a pragmatic and cost-effective choice, as complete avoidance or additional mitigation may not be feasible or might hinder innovation and growth. The other options present alternatives that are either impractical or may conflict with the intrinsic nature of innovation. Completely avoiding risks would likely negate any potential benefits derived from the innovative solution. Transferring the risks could involve shifting responsibility to third parties, which may not be suitable if the risks are integral to the innovation itself. Further mitigating risks could involve additional time and resources that may stifle innovation without guaranteeing that all risks can be effectively eliminated.