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Step 5 of the Risk Management process involves risk monitoring and review. Key questions during this step include: How effective are the risk responses that have been implemented? Are there any emerging risks that need to be addressed? Are the assumptions made during the risk assessment still valid? Additionally, how often should the risk management plan be reviewed to ensure it remains relevant and effective?

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6mo ago

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All the following are questions asked as part of step 5 of the Risk Management process except?

Step 5 of the Risk Management process typically involves monitoring and reviewing risks and their management strategies. Questions asked in this step often focus on assessing the effectiveness of risk responses, identifying new risks, and reviewing risk management policies. Therefore, any question that does not pertain to evaluating risk performance, updating risk registers, or adjusting management strategies would not be relevant to this step. For instance, questions about initial risk identification would not belong to this step.


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