You review key project indicators regularly with stakeholders. The sponsor says they use your risk register to communicate project status at the executive level. How should you ensure the risk register reports risks accurately?

Regularly reviewing risks throughout project execution is crucial because risks are dynamic; new risks emerge, existing ones change in probability or impact, and some may become obsolete. This continuous review ensures the risk register remains a current and accurate reflection of the project's risk exposure, providing reliable information for executive-level communication and decision-making. Updating risks in the risk management plan is incorrect because the plan outlines how risks are managed, not the specific risks themselves. Listing only risks from the kick-off meeting is insufficient as it ignores subsequent risk identification. Planning to update risks at project closure is too late, as it negates the purpose of proactive risk management during execution.