From BCMpedia. A Wiki Glossary for Business Continuity Management (BCM) and Disaster Recovery (DR).
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1. Review is ....

(Source: Business Continuity Management Institute - BCM Institute)

2. Activity undertaken to determine the suitability, adequacy and effectiveness of the subject matter to achieve established objectives.

Notes (1) : Review can be applied to a risk management framework (2.3), risk management process (2.8), risk (2.1) or control (2.26).

[ISO Guide 73:2009, definition]

(Source: ISO 31000:2009 – Risk Management — Principles and Guidelines) - clause 2.29