How does risk management relate to business analysis?

Risk management is an essential component of business analysis as it directly pertains to identifying, assessing, and mitigating risks that could impact project objectives. In the context of business analysis, understanding and managing risks is critical because it helps ensure that projects deliver the intended outcomes within the constraints of time, cost, and quality. Business analysts are tasked with evaluating potential risks throughout the project lifecycle, which includes analyzing various factors that could hinder project success.

By incorporating risk management into their practice, business analysts can proactively develop strategies to minimize adverse impacts on stakeholders and project deliverables. This approach not only protects the integrity of the project but also fosters a more reliable decision-making process based on a comprehensive understanding of the uncertainties that may arise. Therefore, option B correctly reflects this integral relationship between risk management and business analysis.