What RM process step requires a cycle of continuous reassessment until the benefits of completing the mission outweigh the risk of not completing it?

The RM process step that requires a cycle of continuous reassessment is the "Risk Assessment" phase. During this step, risks are identified, analyzed, and evaluated in relation to the mission's objectives. Continuous reassessment ensures that as conditions and information change, the decision to proceed is based on whether the potential benefits of completing the mission outweigh the identified risks. This iterative process helps in making informed decisions throughout the mission lifecycle.