PART 1- TRUE OR FALSE. 1-Project risk management is considered a relatively new project management knowledge area. 2-Evi

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PART 1- TRUE OR FALSE.
1-Project risk management is considered a relatively newproject management knowledge area.
2-Evidence shows that project costs and schedules rarelyoverrun their initial plans.
3-Predictability in cost and schedule outcomes is a keyfinancial objective for project management
4-Monte Carlo simulation has rarely been adopted toforecast project time and cost outcomes morerealistically:
5-A risk register is a list of events with theirprobabilities, impacts, and other properties