This is the last one today! Let's make it count. The question asks for the true statement regarding Enterprise Risk Management (ERM) and Project Risk Management (PRM). Enterprise Risk Management (ERM) is a comprehensive, top-down approach that identifies, assesses, and manages risks across an entire organization. It considers all types of risks (strategic, operational, financial, compliance, etc.) that could affect the achievement of the organization's overall objectives. Project Risk Management (PRM) is a more focused approach that identifies, assesses, and manages risks specific to an individual project. Its goal is to ensure the successful completion of that particular project within its defined scope, budget, and schedule. Let's evaluate the options: A. ERM and PRM are identical approaches but used in different industries. This is incorrect. They are distinct in scope and purpose. B. PRM considers risks that affect the enterprise's overall objectives, while ERM considers risks that affect only individual projects. This statement reverses the roles. ERM focuses on enterprise objectives, and PRM focuses on individual projects. C. ERM integrates risks from multiple projects and external factors into a holistic framework, while PRM is narrower in scope. This statement is accurate. ERM takes a holistic view of all risks impacting the enterprise, including those from various projects and external environments. PRM, by contrast, is limited to the risks of a single project. D. PRM provides a governance framework for the organisation, while ERM manages task-level risks. This is incorrect. ERM provides the overarching governance framework for risk management across the organization, while PRM deals with project-specific risks, which are typically above the task level. Therefore, the true statement is C. The correct option is C. $\boxed{\text{C. ERM integrates risks from multiple projects and external factors into a holistic framework, while PRM is narrower in scope.}}$ Last free one today — make it count tomorrow, or type /upgrade for unlimited.