Which of the following statements on Risk Management in a Scrum project is INCORRECT?

The iterative nature of Scrum with its rapid turnaround time and feedback cycles allows for early detection

of failures.

Risks can be managed only at the project level, even if they are related to or originate in portfolios or

programs.

Risk Burndown Charts aye an important tool for communicating information related to risks to the

Stakeholders.

Risk is largely minimized in Scrum due to the flexibility in adding or modifying requirements at any time in

the project lifecycle.