Which of the following is a component of risk management monitoring?

Risk management monitoring involves the ongoing process of evaluating risks, ensuring that risk management strategies are effective, and adjusting them as necessary. One of the core components of this process is risk identification. This entails recognizing potential hazards and understanding their potential impacts within the operational environment.

By consistently identifying risks, an organization can effectively monitor changes or developments in those risks over time and respond accordingly. This proactive approach is essential to maintaining safety standards and preventing incidents before they occur.

While options such as developing new technologies, conducting annual performance reviews, and employee satisfaction surveys may play important roles within an organization, they do not directly relate to the fundamental process of risk management monitoring. Developing new technologies might help mitigate risks, but it is not a monitoring activity. Annual performance reviews and employee satisfaction surveys focus more on evaluating personnel performance and workplace morale rather than the active assessment of risks that ensure ongoing safe practices.