When approving the risk contingency budget for a project, the CEO notices each team has a different approach to report risks and their impacts. The CEO decides to create a new centralized risk management function to help resolve the problem. How does centralizing the risk management function help resolve the problem? Creates a single repository for all project risk documents. Enhance the process of identification of different individual project risks. Establishes risk sources and ownership for ingger monitoring. Allows monitoring the impact against the overall project risk exposure