Properly arrange the steps in the five steps of the deliberate risk management?

The five steps of deliberate risk management are typically arranged as follows:

1. Identify Risks - Recognize potential risks that could impact objectives.
2. Assess Risks - Analyze and evaluate the likelihood and impact of identified risks.
3. Develop Mitigation Strategies - Formulate plans to minimize or eliminate the risks.
4. Implement Strategies - Put the mitigation plans into action.
5. Monitor and Review - Continuously track the risks and the effectiveness of the strategies, making adjustments as necessary.