To effectively control and manage risks during the work effort, follow a
proactive program to regularly monitor risks and the status and results
of risk-handling actions. The risk management strategy defines the
intervals at which the risk status should be revisited. This activity may
result in the discovery of new risks or new risk-handling options that can
require replanning and reassessment. In either event, the acceptability
thresholds associated with the risk should be compared against the
status to determine the need for implementing a risk mitigation plan.