Regarding CAPM project management, select best answer for the question.

CAPMB: Applying Essential Formulas Question 6 of 6 Question: In project management, what is the significance of calculating the number of communication channels? Instruction: Choose the option that best answers the question. Calculating communication channels helps in prioritizing stakeholders based on their communication needs O The number of communication channels determines the project's budget allocation for communication tools O Calculating communication channels helps in planning and managing communication processes efficiently, reducing the risk of miscommunication and bottlenecks The number of communication channels is essential for identifying the project's critical path Save and exit