Section: Volume A
Explanation:
By grouping the risks by categories the project team can develop effective risk responses. Related risk events often have common causal factors that can be addressed with a single risk response.

Explanation/Reference:
Explanation:
The broad array of information and the major types of IT risk information that should be communicated are as follows:
Expectations from risk management: They include risk strategy, policies, procedures, awareness

training, uninterrupted reinforcement of principles, etc. This essential communication drives all subsequent efforts on risk management and sets the overall expectations from risk management.
Current risk management capability: This allows monitoring of the status of the risk management

engine in the enterprise. It is a key indicator for effective risk management and has predictive value for how well the enterprise is managing risk and reducing exposure.
Status with regard to IT risk: This describes the actual status with regard to IT risk including information

of risk profile of the enterprise, Key risk indicators (KRIs) to support management reporting on risk, event-loss data, root cause of loss events and options to mitigate risk.
Incorrect Answers:
A: Risk response is only communicated to some of the stakeholders not all, as it is irrelevant for them. It is not communicated to the stakeholders of the project like project sponsors, etc.