11.6. Monitoring and Controlling Project Risks (PMBOK, Section 11.6)

Risks must be actively monitored and new risks must be responded to as they are discovered. Risk monitoring and control is the process of monitoring identified risks for signs that they may be occurring, controlling identified risks with the agreed-upon responses, and looking for new risks that may creep into the project. Risk monitoring and control is also concerned with the documentation of the success or failure of risk response plans and keeping records of metrics that signal risks are occurring or disappearing from the project.

Risk monitoring and control is an active process that requires participation from the project manager, the project team, key stakeholders, and, ...

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