Which of the following statements concerning Project Risk Management is false?

a.Risk events can have a positive impact.

b.Risk is commonly measured as the product of impact and likelihood.

c.A risk event is any technical performance, resource, or schedule outcome whose likelihood of being satisfactory is judged a priori (beforehand) to be uncertain.

d.Risk types include strategic, operational, financial, compliance or regulatory, reputational, and safety.

e.The likelihood of a risk event typically more important than the impact of the risk event.