Final answer:
The statement is false because conflicting resources from multiple projects are considered an internal risk, not an external risk.
Step-by-step explanation:
Conflicting resources due to multiple projects running simultaneously is an example of an internal risk, not an external risk. Therefore, the statement is false. External risks arise from outside the project and can include things like market changes, legal regulations, or natural disasters. Internal risks, on the other hand, stem from within the project or organization, such as resource conflicts, scheduling issues, or technical challenges.Technology risk (also known as information technology risk) is a type of business risk defined as the potential for a technology failure to disrupt a business. What type of failure? Well, lots — everything from cyber attacks, to service outages, to old equipment no longer fulfilling your needs, and more.