reappraise
verb
uk/ˌriːəˈpreɪz/ us [ I or T ]
to examine a situation or activity again in order to make changes to it, for example in order to make it more modern or effective:
The recent downturn in stock markets around the world has made people reappraise their approach to risk.
reappraise strategies/priorities/plans In the wake of the foot-and-mouth epidemic, the Wool Marketing Board was forced to reappraise its strategy.
[ T ] FINANCE
to change a calculation of the financial value of something, for example because of increases in price or interest rates:
The County Assessor said his office is attempting to reappraise all buildings in the county this year at current construction costs.