ABC Company carried out a similar project two years ago, in response to changes in health and safety legislation for the health service. The experiences from that project were used to refine the corporate risk management policy. For that reason, the project board decided to use the corporate risk management policy in the risk management approach for this project.
Is this appropriate, and why?
A . Yes, because experience from previous projects should be taken into account in the risk management approach.
B . Yes, because the corporate risk management policy was updated, as a result of lessons from previous projects.
C . No, because the risk management approach should be tailored to suit the project and its environment.
D . No, because a separate risk management approach is not necessary when the company has a risk management policy.
Answer: A
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