Billy is the project manager of the HAR Project and is in month six of the project. The project is scheduled to last for 18 months. Management asks Billy how often the project team is participating in

While milestones are important review points, limiting risk management to only milestones might miss emerging risks between those periods.

Risk management is an ongoing process throughout the entire project lifecycle, not something concluded only during project planning.

Scheduling risk management for every month is better than milestones but still not as continuous as making it a standard item at every status meeting, which might occur more frequently.

Best practices for risk management advocate for continuous monitoring and reassessment of risks. Integrating risk management as a regular agenda item in every status meeting ensures that risks are consistently reviewed, new risks are identified, and existing risk responses are evaluated, making it an ongoing process rather than a discrete event.