Which of the following is not a step in the Realize phase?

In the context of the SAP Activate Methodology, the Realize phase focuses extensively on development and delivery activities. It comprises several critical steps aimed at configuring, developing, and testing the solution to ensure it meets the specified requirements.

Sprint execution is a vital part of this phase, involving iterative cycles of development where teams build functional components and continuously deliver increments of the solution. The walkthrough is another fundamental activity during this phase, where stakeholders review and validate the implemented solution to ensure alignment with business processes and requirements. Additionally, operations setup occurs in this phase as well; it details the preparation necessary to transition to the system's operation by defining roles, responsibilities, and necessary training for users.

On the other hand, risk assessment is typically not a designated step within the Realize phase. Instead, risk management activities, which may include assessing project risks, are usually integrated into earlier phases such as Prepare and Explore. These phases involve the identification and preliminary evaluation of risks to ensure that potential issues are addressed before they can impact the project's progress during the actual realization of the system. Thus, while risk assessment is important in the overall project lifecycle, it is not categorized as a step specific to the Realize phase.