An investigation or audit of a potential investment. Due diligence serves to confirm all material facts in regards to a sale. Officers of companies have a fiduciary duty to perform thorough due diligence before making any acquisition or investment. In today’s market due diligence weeds out noncompliant projects that carry risks unknown and mitigating factors. Due diligence also includes risk mitigation implementation which is the process of executing risk mitigation actions. Risk mitigation progress monitoring includes tracking identified risks, identifying new risks, and evaluating risk process effectiveness throughout the project.