Explanation/Reference:
Explanation:
Risk assessment is a process of analyzing the identified risk, both quantitatively and qualitatively.
Quantitative risk assessment requires calculations of two components of risk, the magnitude of the potential loss, and the probability that the loss will occur. While qualitatively risk assessment checks the severity of risk. Hence risk assessment helps in determining the present state of the risk.
Incorrect Answers:
B: Analyzing the effect of risk on an enterprise is the part of the process while performing risk assessment, but is not the reason for doing it.
C: Performing risk assessment may satisfy the regulatory requirements, but is not the reason to perform risk assessment.
D: Budgeting appropriately is one the results of risk assessment but is not the reason for performing the risk assessment.

Explanation/Reference:
Explanation:
While defining requirements, there is need to define three requirements of the project- Business requirement, Functional requirement, and Technical requirement Functional requirements and use case models describe how users will interact with a system. Therefore here in this stem you are defining the functional requirement of the project.
Incorrect Answers:
A: Technical requirements and design specifications and coding specifications describe how the system will interact, conditions under which the system will operate and the information criteria the system should meet.
B: Business requirement, Functional requirement, and Technical requirement come under project requirement. In this stem it is particular defining the functional requirement, hence this is not the best answer.
D: Business requirements contain descriptions of what a system should do.