QUESTION FOUR $[20]$

The $$Superb Municipality$$ is currently implementing a new ERP, which includes the billing, payroll solutions and financial systems. The project commenced in $2022,$ implementable over a period of four years. During the $2024$ financial year you tabled the risk assessment plan on the council update meeting, but management questioned the appropriateness thereof. As the project manager, explain the concept and use of a risk re$-$assessment during an ongoing project to the council.