Exploit Strategy Notes: Definitions & Explanations PDF | Download eBooks
Study Exploit Strategy lecture notes PDF with project management definitions and explanation to study “What is Exploit Strategy?”. Study exploit strategy explanation with project management terms to review project management course for online MBA programs.
Exploit Strategy Definition:
Exploit strategy may be selected for high-priority opportunities where the organization wants to ensure that the opportunity is realized.
A Guide to the Project Management Body of Knowledge by Project Management Institute
Exploit Strategy Notes:
When the SWOT analysis of the organization is performed, some opportunities are identified. These opportunities can positively affect the organization at all levels. The projects associated with the organization also recognize internal and external opportunities and these opportunities must be availed. Different strategies are used to deal with the opportunities. One of them is called exploit strategy. Using exploit strategy, those opportunities are exploited whose benefits to the project are very high. This means that the exploit strategy is used for high-priority opportunities. The organization tries to make the probability of occurrence of the opportunities 100% in order to avail the benefits associated with them.
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