Risk prioritization is not a one-time or two-time activity. Because new risks emerge and existing risks change in probability, impact, and urgency, PMI recommends that the project team review and reprioritize risks on a continuous, iterative basis for as long as the project is in progress. This ensures that the most significant threats and opportunities are always addressed with appropriate response plans, and it aligns with the PMP examination enabler "Iteratively assess and prioritize risks."
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