Final answer:
Risk Assessments occur in various phases of the Software Development Life Cycle (SDLC), not just the Initiate Phase.
Step-by-step explanation:
Risk Assessments occur in various phases of the Software Development Life Cycle (SDLC), not just the Initiate Phase. The purpose of a risk assessment is to identify potential risks and assess their impact on the project. This helps in making informed decisions to mitigate those risks and ensure project success.
For example, in the Planning Phase of the SDLC, a risk assessment helps determine the potential risks associated with project scope, budget, and timeline. In the Execution Phase, a risk assessment helps identify and manage risks related to system integration, data security, and user acceptance.
Therefore, the statement is False. Risk Assessments occur in multiple phases of the SDLC.