In Risk Management, which state signifies that a risk is being actively monitored?

The state that signifies a risk is being actively monitored is "Monitor." In Risk Management, the monitoring phase is crucial as it enables organizations to keep track of identified risks and assess any changes in their status or impact over time. This state involves ongoing observation and assessment of risk scenarios, helping to ensure that risk responses are effective and that new risks are identified promptly.

Monitoring allows stakeholders to gather relevant data about the risk environment, track key risk indicators, and maintain an updated view on the risk landscape. It is essential for informing decision-making and ensuring that appropriate actions are being taken in response to the risks that have been identified.

While other states such as "Assess," "Draft," and "Review" have specific functions in the risk management process, they do not specifically indicate active monitoring of risks. "Assess" typically involves evaluating the potential impact and likelihood of a risk, "Draft" is generally associated with creating initial documentation or plans around the risk, and "Review" relates to examining documentation or responses related to risks, rather than the active and ongoing surveillance of them.