You are leading a team new to agile. At the kickoff, a team member asks how risks will be managed using agile approaches. How should you respond?

The correct answer emphasizes key agile principles: collaboration and iterative management. In agile, risk management is an ongoing, shared responsibility of the entire team, integrated into daily work and reviewed frequently, often during iteration planning, daily stand-ups, and reviews. This allows for early identification and adaptation. Incorrect options: "Risks are managed by the project manager and forecast at the start of the project" describes a traditional, predictive approach, not agile. Agile embraces emergent risks and continuous adaptation. "Risks will be addressed during a retrospective with the whole team" is partially true as retrospectives can identify process-related risks, but risk management is a continuous activity, not confined to just retrospectives. "The team manages risks and they will be analyzed at a risk-management kickoff" is better than the first option but still implies a one-time, upfront analysis, which is not fully aligned with agile's iterative and continuous risk management.