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What is the primary difference between a risk audit and a risk reassessment?
Correct Answer: C
Risk reassessment is an ongoing activity by the project team. Risks should be discussed at every status meeting. Risk audits are performed during the project life cycle to examine and document the effectiveness of risk responses. They are conducted at appropriate frequencies as defined in the risk management plan. [Monitoring and Controlling] PMI®, PMBOK® Guide, 2013, 351