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GAQM CBCP-002: Certified Business Continuity Professional (CBCP) exam is an excellent certification program for professionals in the field of business continuity planning. Certified Business Continuity Professional (CBCP) certification provides recognition for the individual's expertise in the field and demonstrates their commitment to the profession. The CBCP certification is recognized globally and is a valuable asset for professionals who are seeking to advance their careers in the field of business continuity planning.
NEW QUESTION # 10
In pre-crisis management, CM activities are focused on prevention and preparedness activities.
- A. True
- B. False
Answer: A
Explanation:
Explanation
In pre-crisis management, CM activities are focused on prevention and preparedness activities. This is true because pre-crisis management is the phase before a crisis occurs, where theorganization tries to anticipate and avoid potential crises or reduce their likelihood and impact. Pre-crisis management involves activities such as risk assessment, business impact analysis, business continuity planning, contingency planning, crisis communication planning, training and awareness, testing and exercising, monitoring and reviewing. Verified References:
https://www.cisco.com/c/en/us/solutions/hybrid-work/what-is-business-continuity.htmlhttps://phoenixnap.com/b
NEW QUESTION # 11
When should the Business Continuity Planning be reviewed?
- A. Whenever the legal department declares it is time
- B. Whenever encountering a disaster
- C. At least annually or whenever significant changes occur
- D. Whenever the company gets audited
Answer: C
Explanation:
Explanation
Business continuity planning is not a one-time activity, but a dynamic and ongoing process that needs to be reviewed and updated regularly to reflect changes in the internal and external environment. The frequency of review may vary depending on the nature and size of the organization, but it is generally recommended to conduct a review at least annually or whenever significant changes occur that may affect the continuity of the organization's functions and processes. Such changes may include organizational restructuring, new products or services, new technologies, new regulations, new threats or vulnerabilities, or lessons learned from incidents or exercises. Verified References:
https://www.ready.gov/business-continuity-planhttps://drii.org/resources/professionalpractices/EN
NEW QUESTION # 12
Which type of continuity planning will enhance the functioning relationship with the organization's key suppliers, creating stronger assurances of continuous supply of information, material product and services?
- A. Unilateral
- B. Multilateral
- C. Bilateral
Answer: C
Explanation:
Explanation
Bilateral continuity planning is the type of continuity planning that will enhance the functioning relationship with the organization's key suppliers, creating stronger assurances of continuous supply of information, material product and services. Bilateral continuity planning is the process of developing and maintaining mutual agreements and arrangements between an organization and its key suppliers to ensure the continuity of their respective functions and processes in the event of a disruption. Bilateral continuity planning can help to reduce risks, costs, and dependencies, as well as to improve communication, coordination, and collaboration.
Verified References:
https://www.iso.org/publication/PUB100442.htmlhttps://phoenixnap.com/blog/what-is-business-continuity-mana
NEW QUESTION # 13
BIA helps you identify
- A. Tangible and intangible impact of a disruption over period of time
- B. Critical services and products
- C. Critical interdependencies and interested parties
- D. All of the above
Answer: D
Explanation:
Explanation
BIA helps to identify all of the above aspects of an organization's functions and processes. It helps to identify the critical services and products that the organization delivers to its customers and stakeholders, and the functions and processes that support them. It also helps to identify the critical interdependencies and interested parties that are involved in or affected by the organization's functions and processes, such as suppliers, partners, regulators, or employees. Moreover, it helps to identify the tangible and intangible impacts of a disruption tothe organization's functions and processes over a period of time, such as financial losses, reputational damage, legal liabilities, or customer dissatisfaction. Verified References:
https://www.ready.gov/business-impact-analysishttps://drii.org/resources/professionalpractices/EN
NEW QUESTION # 14
A consultant is a person who borrows your watch to tell you the time, charges you for doingso and then sells you back your watch.
- A. False
- B. True
Answer: A
Explanation:
Explanation
A consultant is a person who borrows your watch to tell you the time, charges you for doing so and then sells you back your watch. This is false because it is a cynical and unfair description of a consultant's role and value. A consultant is a person who provides professional or expert advice in a specific field or domain. A consultant can help an organization to identify problems, analyze situations, develop solutions, implement changes, improve performance, or achieve goals. A consultant can also provide knowledge, skills, tools, or resources that the organization may not have or need temporarily. Verified References:
https://www.investopedia.com/terms/c/consultant.asphttps://phoenixnap.com/blog/what-is-business-continuity-m
NEW QUESTION # 15
Which Process can be both time consuming and expensive as a result, management will expect tangible benefits to be achieved by the process?
- A. Business Contingency Planning
- B. Business Continuity Planning
- C. Business Process Planning
- D. Business Ethical Planning
Answer: B
Explanation:
Explanation
Business continuity planning is the process of identifying, developing, and implementing strategies and plans to ensure the continuity of an organization's critical functions and processes in the event of a disruption. It can be both time consuming and expensive, as it requires a thorough analysis of risks, impacts, resources, and recovery options. However, management will expect tangible benefits from the process, such as reduced losses, increased resilience, improved reputation, and compliance with regulations. Verified References:
https://www.ready.gov/business-continuity-plan https://drii.org/resources/professionalpractices/EN
NEW QUESTION # 16
Which of the following exercises involve all teams?
- A. Full-scale exercise
- B. Multi-team simulation
- C. Facilitated discussion
- D. Plan walkthrough
Answer: A
Explanation:
Explanation
A full-scale exercise is a type of exercise that involves all teams. A full-scale exercise is a high-pressure exercise that simulates a realistic scenario of a disruption that affects all or most of the organization's functions and processes. A full-scale exercise tests the effectiveness and efficiency of the plans, procedures, systems, teams, and resources that are required to respond to and recover from a disruption. A full-scale exercise also evaluates the coordination and communication among all the teams and stakeholders involved.
Verified References:
https://www.ready.gov/business-continuity-planhttps://www.csoonline.com/article/515730/business-continuity-a
NEW QUESTION # 17
BIA helps you identify
- A. Tangible and intangible impact of a disruption over period of time
- B. Critical services and products
- C. Critical interdependencies and interested parties
- D. All of the above
Answer: D
Explanation:
Explanation
BIA helps to identify all of the above aspects of an organization's functions and processes. It helps to identify the critical services and products that the organization delivers to its customers and stakeholders, and the functions and processes that support them. It also helps to identify the critical interdependencies and interested parties that are involved in or affected by the organization's functions and processes, such as suppliers, partners, regulators, or employees. Moreover, it helps to identify the tangible and intangible impacts of a disruption tothe organization's functions and processes over a period of time, such as financial losses, reputational damage, legal liabilities, or customer dissatisfaction. Verified References:
https://www.ready.gov/business-impact-analysishttps://drii.org/resources/professionalpractices/EN
NEW QUESTION # 18
Damage assessment includes all but which of the following steps?
- A. Evaluating the time to restore operations and if greater than the MTD, a disaster should be declared and BCP enacted
- B. Having the insurance company declare the total extent of the damages.
- C. Identifying the affected business functions.
- D. Estimate the time it will take to restore critical business functions.
Answer: B
Explanation:
Explanation
Damage assessment is the process of evaluating the extent and severity of the damage caused by a disruption to an organization's facilities, equipment, systems, data, records, or personnel. It includes identifying the affected business functions and processes, estimating the time it will take to restore them to normal or acceptable levels of operation, and evaluating whether the recovery time exceeds the maximum tolerable downtime (MTD) for each function or process. If so, a disaster should be declared and the business continuity plan should be activated. Having the insurance company declare the total extent of the damages is not part of the damage assessment process, as it may take longer than the MTD and may not reflect the operational impact of the damage. Verified References:
https://www.fema.gov/pdf/emergency/nims/Damage_Assessment.pdfhttps://drii.org/resources/professionalpracti
NEW QUESTION # 19
Which of the following are the four T's of risk guidance produced by by the Office of Government Commerce? (choose four)
- A. Technique
- B. Transfer
- C. Title
- D. Tolerate
- E. Terminate
- F. Treat
Answer: B,D,E,F
Explanation:
Explanation
The four T's of risk guidance produced by the Office of Government Commerce are transfer, tolerate, treat, and terminate. They are:
Transfer: This strategy involves transferring or sharing some or all of the responsibility or impact of a risk to another party, such as an insurer, a supplier, or a partner.
Tolerate: This strategy involves accepting or retaining a risk without taking any further action to reduce it, either because the risk level is acceptable or because the cost or effort of reducing it is not justified.
Treat: This strategy involves taking steps to reduce the likelihood or impact of a risk to an acceptable level, such as implementing controls, mitigations, or contingency plans.
Terminate: This strategy involves eliminating or avoiding a risk by discontinuing or changing the activity that causes it. Verified References: https://www.investopedia.com/terms/t/the-four-ts.asp
https://www.thebci.org/training-qualifications/good-practice-guidelines.html
NEW QUESTION # 20
Damage assessment includes all but which of the following steps?
- A. Evaluating the time to restore operations and if greater than the MTD, a disaster should be declared and BCP enacted
- B. Having the insurance company declare the total extent of the damages.
- C. Identifying the affected business functions.
- D. Estimate the time it will take to restore critical business functions.
Answer: B
Explanation:
Explanation
Damage assessment is the process of evaluating the extent and severity of the damage caused by a disruption to an organization's facilities, equipment, systems, data, records, or personnel. It includes identifying the affected business functions and processes, estimating the time it will take to restore them to normal or acceptable levels of operation, and evaluating whether the recovery time exceeds the maximum tolerable downtime (MTD) for each function or process. If so, a disaster should be declared and the business continuity plan should be activated. Having the insurance company declare the total extent of the damages is not part of the damage assessment process, as it may take longer than the MTD and may not reflect the operational impact of the damage. Verified References:
https://www.fema.gov/pdf/emergency/nims/Damage_Assessment.pdfhttps://drii.org/resources/professionalpracti
NEW QUESTION # 21
Which phase of the project is the time to maximize on the employees' new awareness and management support?
- A. Benchmark
- B. Milestones
- C. Structure
- D. Timelines
Answer: B
Explanation:
Explanation
Milestones are important events in a project that mark the completion of a major deliverable or the achievement of a key goal. They are a good time to check in with employees and management to see how they are feeling about the project, and to get their feedback on how things are going. This is also a good time to reinforce the importance of the project and to get everyone re-committed to its success.
The other three options are not as good times to maximize on the employees' new awareness and management support. Timelines are important, but they are not as important as milestones in terms of getting people's attention. Benchmarks are useful for tracking progress, but they are not as good for getting people's buy-in.
Structure is important for organizing a project, but it is not as important as milestones for motivating people.
So, the answer to the question is that the milestones phase of the project is the time to maximize on the employees' new awareness and management support.
Here are some specific things that you can do at the milestones phase to maximize on employee awareness and management support:
Hold a team meeting to celebrate the milestone and to discuss the next steps.
Send out a communication to all employees and managers, highlighting the milestone and thanking everyone for their hard work.
Meet with management to discuss the project's progress and to get their feedback.
Use the milestone as an opportunity to reinforce the importance of the project and to get everyone re-committed to its success.
NEW QUESTION # 22
Which type of risks result from business decisions that are influenced by changes in markets, liquidity changes and credit risks?
- A. Operational
- B. Technical
- C. Strategic
- D. Financial
Answer: D
Explanation:
Explanation
Financial risks are the risks that result from business decisions that are influenced by changes in markets, liquidity, and credit. Financial risks are the uncertainties or variabilities of the financial performance or position of an organization due to factors such as interest rates, exchange rates, inflation, credit ratings, debt levels, or cash flows. Financial risks can affect an organization's profitability, solvency, liquidity, or valuation.
Verified References:
https://www.investopedia.com/terms/f/financialrisk.asphttps://www.thebci.org/training-qualifications/good-pract
NEW QUESTION # 23
Which of the following can threats be considered? (Choose three)
- A. Operational failure
- B. Technology failure
- C. Supply chain failure
- D. Fire
- E. Water
Answer: B,D,E
Explanation:
Explanation
Threats can be considered any events or situations that can cause harm or disruption to an organization's functions or processes. Threats can be natural, human-made, or technological in origin. Some examples of threats are water (such as floods, leaks, or spills), technology failure (such as system crashes, cyberattacks, or power outages), and fire (such as arson, accidents, or explosions). Verified References:
https://www.iso.org/publication/PUB100442.htmlhttps://phoenixnap.com/blog/what-is-business-continuity-mana
NEW QUESTION # 24
Risks are diverse and arise from both external and internal sources.
- A. True
- B. False
Answer: A
Explanation:
Explanation
Risks are diverse and arise from both external and internal sources. This is true because risks are uncertainties that can have positive or negative effects on an organization's objectives. Risks can arise from various sources that are either outside or inside the organization's control. External sources of risk include natural disasters, cyberattacks, market fluctuations, customer preferences, competition, regulation, or political instability.
Internal sources of risk include human error, fraud, system failure, process inefficiency, organizational culture, or strategic decisions. Verified References:
https://www.investopedia.com/terms/b/businessrisk.asphttps://www.thebci.org/training-qualifications/good-pract
NEW QUESTION # 25
A disaster can also be declared for an illness pandemic where a significant portion of employees are sick.
- A. True
- B. False
Answer: A
Explanation:
Explanation
A disaster can also be declared for an illness pandemic where a significant portion of employees are sick. This is true because an illness pandemic is a type of natural disaster that can affect an organization's ability to continue its normal operations. An illness pandemic can cause absenteeism, reduced productivity, increased costs, supply chain disruptions, customer dissatisfaction, or regulatory compliance issues. Therefore, an organization may need to declare a disaster and activate its business continuity and disaster recovery plan if an illness pandemic impacts its critical functions and processes beyond an acceptable level. Verified References:
https://www.ready.gov/business-continuity-planhttps://www.csoonline.com/article/515730/business-continuity-a
NEW QUESTION # 26
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