During the Definition Phase of the VA hospital's administrative wing renovation, risk management plays a critical role. Which of the following best describes how risk management is integrated into this phase? It involves conducting a post-mortem analysis of risks after project completion to inform future projects. Risk management is used to assess and prioritize risks in real-time as they occur during the construction phase. It includes the identification, assessment, and planning of mitigation strategies for potential risks to ensure that the project objectives are met without significant disruptions. Risk management is deferred to the Delivery Phase where the focus is on mitigating risks associated with the physical construction process