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Identify the correct statement about project risk management: a) Risk management is not necessary for project success. b) The risk register is not ...

Identify the correct statement about project risk management:
a) Risk management is not necessary for project success.
b) The risk register is not an important part of the project management plan.
c) The EAR is a tool used to group risks into categories.
d) The risk matrix is used to understand the dimension of a risk and whether it is controlled.

a) Risk management is not necessary for project success.
b) The risk register is not an important part of the project management plan.
c) The EAR is a tool used to group risks into categories.
d) The risk matrix is used to understand the dimension of a risk and whether it is controlled.

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The correct statement about project risk management is d) The risk matrix is used to understand the dimension of a risk and whether it is controlled. Risk management is a necessary process for project success, and the risk register is an important part of the project management plan. The EAR (Events, Actions, and Results) is a tool used to identify and analyze risks, but not to group them into categories.

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