Which of the following statements are true regarding the Monitoring and Controlling Program Risks process? Each correct answer represents a complete solution. Choose all that apply.

A.
Risk Monitoring and Control is an ongoing process for the life of the program.

B.
Planned risk responses should be continuously monitored for new and changing risks.

C.
Monitoring reduces the impact of risk by identifying, analyzing, reporting, and managing risks on a continuous basis.

D.
It is the process of selecting the most suitable response to reduce the threats to the program objectives.