A certain amount of risk taking is inevitable to achieve objectives. Continuous risk management provides a disciplined environment for proactive decision making to:
Continuous risk management requires that risks be identified throughout the project, not as a one-time only activity during project planning. Risks must be analyzed on an ongoing basis to address changing project conditions and priorities. As new risks are identified, strategies and plans to deal with them must be developed. The client and SM may make the decision to stop the project, based on an unacceptable level of risk.
