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NEW QUESTION # 375
Which of the following elements of BCP process includes the areas of plan implementation, plan testing, and ongoing plan maintenance, and also involves defining and documenting the continuity strategy?
Answer: D
Explanation:
The business continuity plan development refers to the utilization of the information collected in the Business Impact Analysis (BIA) for the creation of the recovery strategy plan to support the critical business functions. The information gathered from the BIA is mapped out to make a strategy for creating a continuity plan. The business continuity plan development process includes the areas of plan implementation, plan testing, and ongoing plan maintenance. This phase also consists of defining and documenting the continuity strategy.
Answer option C is incorrect. The scope and plan initiation process in BCP symbolizes the beginning of the BCP process. It emphasizes on creating the scope and the additional elements required to define the parameters of the plan.
The scope and plan initiation phase embodies a check of the company's operations and support services. The scope activities include creating a detailed account of the work required, listing the resources to be used, and defining the management practices to be employed. Answer option B is incorrect. The business impact assessment is a method used to facilitate business units to understand the impact of a disruptive event. This phase includes the execution of a vulnerability assessment. This process makes out the mission-critical areas and business processes that are important for the survival of business.
It is similar to the risk assessment process. The function of a business impact assessment process is to create a document, which is used to help and understand what impact a disruptive event would have on the business.
Answer option D is incorrect. The plan approval and implementation process involves creating enterprise-wide awareness of the plan, getting the final senior management signoff, and implementing a maintenance procedure for updating the plan as required.
Reference: CISM Review Manual 2010, Contents. "Incident Management and Response"
NEW QUESTION # 376
Which of the following concepts represent the three fundamental principles of information security? Each correct answer represents a complete solution. Choose three.
Answer: A,B,D
NEW QUESTION # 377
Which of the following plans provides procedures for recovering business operations immediately following a disaster?
Answer: D
Explanation:
The business recovery plan is used to provide measures for recovery in business operations directly following a disaster. Unlike the BCP, it lacks procedures to ensure continuity of critical processes throughout an emergency or disruption.
Answer option B is incorrect. Business Continuity Planning (BCP) is the creation and validation of a practiced logistical plan for how an organization will recover and restore partially or completely interrupted critical (urgent) functions within a predetermined time after a disaster or extended disruption. The logistical plan is called a business continuity plan. Answer option A is incorrect. A disaster recovery plan should contain data, hardware, and software that can be critical for a business. It should also include the plan for sudden loss such as hard disc crash. The business should use backup and data recovery utilities to limit the loss of data. Answer option C is incorrect. The Continuity Of Operation Plan (COOP) refers to the preparations and institutions maintained by the United States government, providing survival of federal government operations in the case of catastrophic events. It provides procedures and capabilities to sustain an organization's essential. COOP is the procedure documented to ensure persistent critical operations throughout any period where normal operations are unattainable.
Reference: CISM Review Manual 2010, Contents. "Incident management and response"
NEW QUESTION # 378
Rick is the project manager for TTM project. He is in the process of procuring services from vendors. He makes a contract with a vendor in which he precisely specify the services to be procured, and any changes to the procurement specification will increase the costs to the buyer.
Which type of contract is this?
Answer: B
Explanation:
Rick has prepared a Firm Fixed Price contract (FFP). In such contracts, the buyer must precisely specify the product or services to be procured, and any changes to the procurement specification can increase the costs to the buyer. This is the most commonly used contract type. Answer option B is incorrect. In Firm Price Incentive Fee (FPIF) contracts, a price ceiling is set, and all costs above the price ceiling are the responsibility of the seller, who is obligated to complete the work.
Answer option D is incorrect. Fixed Price with Economic Price Adjustment (FP-EPA) is intended to protect both buyer and seller from external conditions beyond their control. Answer option C is incorrect. Cost Plus Fixed Fee Contracts charge back all project costs to the seller and include a fixed fee upon completion of the contracts.
Reference: "A Guide to the Project Management Body of Knowledge, (PMBOK Guide), Fourth Edition."
NEW QUESTION # 379
Which of the following BEST describes the concept of "convergence" between physical security and information security functions?
Answer: B
Explanation:
Many modern risks span both domains (e.g., tailgating leading to network access, IoT/building systems being networked); converged governance improves holistic risk management across physical and cyber boundaries.
NEW QUESTION # 380
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