Risk Monitoring

Risk monitoring is the ongoing process of tracking identified risks and their indicators throughout a project or operation. It involves regularly reviewing risk factors to determine if they are increasing, decreasing, or if new risks have emerged. The goal is to ensure that risk management strategies remain effective and to take timely actions if needed. This continuous oversight helps organizations proactively address potential problems, minimize negative impacts, and adapt plans as circumstances change, ensuring better control over uncertainties and maintaining project or business stability.