Sometimes a risk assessment report is prepared for a specific IT project at the request of the project manager, either because it is required by organizational policy or because it is good project management practice. True False

True

Explanation:

The reason is that the effective risk management policy requires the company to assess the risks that it faces and will face in the future to consider it for designing of strategy which considers risks as well to ensure long term success. It is also compulsory for the project maager to consider the risks that it faces in completion of the project because if the project manager doesn't considers the project associated risks then it might not gain the benefits of the project that it is undertaking.