In the Risk Management process, balancing your resources is related to which step?

Balancing resources in the Risk Management process is closely associated with making risk decisions. This step involves evaluating the risks identified and determining how to allocate available resources effectively to mitigate those risks. When leaders face various risks, they must make informed decisions that consider the consequences and the resources required to address them. This balance is crucial because it ensures that efforts to manage risks do not exceed the resources available, which could lead to other vulnerabilities or impact the overall mission.

In this context, making risk decisions requires careful consideration of the potential outcomes and the necessary trade-offs involved. Leaders must weigh the significance of each risk, the potential impacts on their operations, and how best to utilize their units' strengths and capabilities to manage the identified risks effectively. Thus, this step is central to developing a strategic approach that maximizes readiness while minimizing potential negative outcomes.