A project manager for a large product development project assigned a risk manager to perform the risk management. The project sponsor questions why this project requires a risk manager as it is similar to a previous project with a developed risk strategy. How should the risk manager explain the need for a risk strategy specific to this project? A risk strategy aligns individual project risk thresholds with organizational risk appetite. O. A risk strategy ensures alignment of the organizational structure to the specific project. A risk strategy is a best practice and ensures quality in the project planning. A project specific risk strategy includes enough information to respond to audits and compliance requirements