Final answer:
The correct answer is B.Risk assessment is a key process in project management for identifying and analyzing potential project threats, which aids in controlling and mitigating risks.
Step-by-step explanation:
Risk assessment is the process of examining a project to identify potential threats. It involves analyzing the likelihood of an event occurring and the potential consequences .
if it does, enabling project teams to prioritize risks and apply resources effectively to control and mitigate them.
This proactive approach to identifying and analyzing risks is essential to managing uncertainty in any project environment.