An agile team is brainstorming and prioritizing risks by severity. What should the team do with the identified risks?

Agile teams proactively manage risks to maintain adaptability and deliver value. Mitigating risks applicable to the current and following iterations ensures that immediate threats to progress are addressed, and potential future impediments are considered in advance. This approach aligns with agile principles of continuous planning and adaptation. Focusing on deliverables without addressing documented risks is reactive and can lead to unforeseen problems and delays. Agreeing to handle issues only when they become problems is a reactive strategy that increases the cost and effort of resolution. While risks are addressed in their respective iterations, the proactive step of mitigating those applicable to the current and following iterations is a more complete and effective risk management strategy in agile.