Define the term "Incident Action Plan" (IAP).

The term "Incident Action Plan" (IAP) refers to a comprehensive document that outlines the objectives, strategies, and tactics for managing an incident effectively. It serves as a guiding framework for the incident management team by specifying what objectives will be pursued, how they will be achieved, and the resources that will be utilized. The IAP is essential for coordinating response efforts, ensuring that all team members are aligned, and providing a clear direction for managing the incident.

An IAP is critical during all phases of incident management, as it helps in setting priorities, determining resource allocation, and establishing operational periods. The detailed nature of the IAP allows for a clear understanding among all responding personnel and enhances communication and cooperation among different agencies and organizations involved in the incident response.

While other options may pertain to certain aspects of incident management, they do not encapsulate the primary purpose and content of an Incident Action Plan like the correct answer does. For instance, while financial plans and communication tools have their roles, they do not define the operational focus of an IAP, which is specifically centered on incident management tasks.