Which statement is NOT correct?

Question $21$Answer

a$.$

Strategic objectives can undergo strategy redefinition as a result of shareholder pressure for greater profitability

b$.$

Portfolios go through a life cycle that includes initiation, planning, execution, and closure

c$.$

Changing the project requirements may create additional risks

d$.$

The portfolio manager reviews the portfolio for balance and negotiates agreement$($s$)$ with relevant strategic stakeholders