What important factor forms the basis for Risk Management strategies?

The foundation of risk management strategies is a clear understanding of how the organization will respond to risks (Option C).

Why Option C is Correct?

Risk management is about preparing for and mitigating potential threats.

FM professionals must develop response plans, contingency measures, and risk assessments to minimize disruptions.

IFMA’s Emergency Preparedness & Business Continuity competency emphasizes risk identification and actionable response strategies.

Why Other Options Are Incorrect?

Option A (Knowledge of departmental goals, risks, and objectives): This helps identify risks but does not define how to respond to them.

Option B (Knowledge of leadership strategies): Leadership strategies guide decision-making, but risk management focuses on concrete response actions.