What is the correct order for the steps in the risk management porcess?

The correct order for the steps in the risk management process typically includes: 1) Risk Identification, where potential risks are recognized; 2) Risk Assessment, which involves analyzing the likelihood and impact of these risks; 3) Risk Mitigation, where strategies are developed to minimize or eliminate risks; and 4) Risk Monitoring and Review, to continuously evaluate and adjust the risk management strategies as needed. This cyclical process helps organizations effectively manage and respond to risks over time.