Exam CFM Topic 1 Question 82 Discussion

Actual exam question for IFMA's CFM exam
Question #: 82
Topic #: 1
What steps should be taken to create a risk assessment and risk plan?

Suggested Answer: A Vote an answer

A properrisk assessment and plan (A)requires:
* Identifying risks- Recognizing potential threats.
* Assessing probability and severity- Evaluating impact likelihood.
* Developing contingency plans- Creating strategies to mitigate identified risks.
* Stakeholder communication (B)is important but does not constitute a complete risk plan.
* Adding extra time (C)does not directly address risk sources.
* Project tools (D)help manage risk but do not replace systematic risk analysis.

by Tiffany at Oct 06, 2025, 10:47 PM

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