In response to economic  and market changes, the company is moving from a conservative strategy to a more market -driven strategy. As a result of this change, the company has just approved a project that aligns with the new strategy. A number of the stakeholders, however, are still risk-averse. The Project Manager is meeting with them to explain his risk management plan. The stakeholders are very interested in the concept of a risk review.

Which of the following best describes a risk review?

A: The process of determining the project risk