Explanation/Reference:
Explanation:
The procurement management plan is not one of the eleven inputs for the risk identification process. The eleven inputs to this process are:
risk management plan

activity cost estimates

activity duration estimates

scope baseline

stakeholder register

cost management plan

schedule management plan

quality management plan

project documents

enterprise environmental factors

organizational process assets.

C, and D are incorrect.
These all are much higher levels of the risk management capability maturity model and in all these
enterprise do take decisions considering the risk credential information. Moreover, in these levels
enterprise is aware of external requirements for risk management and integrate with ERM.

Explanation/Reference:
Explanation:
Risk assessment is a process of analyzing the identified risk, both quantitatively and qualitatively.
Quantitative risk assessment requires calculations of two components of risk, the magnitude of the potential loss, and the probability that the loss will occur. While qualitatively risk assessment checks the severity of risk. Hence risk assessment helps in determining the present state of the risk.
Incorrect Answers:
B: Analyzing the effect of risk on an enterprise is the part of the process while performing risk assessment, but is not the reason for doing it.
C: Performing risk assessment may satisfy the regulatory requirements, but is not the reason to perform risk assessment.
D: Budgeting appropriately is one the results of risk assessment but is not the reason for performing the risk assessment.