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A project manager for a large product development project assigned a risk manager to perform...

A project manager for a large product development project assigned a risk manager to perform the risk management. The project sponsor questions why this project requires a risk manager as it is similar to a previous project with a developed risk strategy.

How should the risk manager explain the need for a risk strategy specific to this project?

A.

A risk strategy is a best practice and ensures quality in the project planning.

B.

A project specific risk strategy includes enough information to respond to audits and compliance requirements.

C.

A risk strategy ensures alignment of the organizational structure to the specific project.

D.

A risk strategy aligns individual project risk thresholds with organizational risk appetite. 

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