: Explain who will audit risks and how frequently the audits will be done. Will you use internal auditors or external auditors? Will you select auditors from risk management team or outside that team? How new risks will be identified? How will you remove risks if they no longer affect your project? Are risk response strategies effective or not?

In notes, provide explanations and specific information, at least two sentences per bullet point.

Individual$($s$)$ responsible for monitoring risks: Text, text

Frequency of risk audits: Text, text

Will you use auditors from project team or outside the project team?: Text, text

How new risks will be identified?: text, text

How will outdated risks be removed?: text, text

Were risk response strategies effective or not?: Text, text