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Quiz GAQM - Perfect CBCP-002 - Latest Certified Business Continuity Professional (CBCP) Exam Vce
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GAQM Certified Business Continuity Professional (CBCP) Sample Questions (Q16-Q21):
NEW QUESTION # 16
A formal "disaster" can only be declared by the firm owners or by the IT Department Manager.
- A. False
- B. True
Answer: A
Explanation:
Explanation
A formal "disaster" can only be declared by the firm owners or by the IT Department Manager. This is false because a formal "disaster" can be declared by any authorized person who has the responsibility and authority to activate the business continuity and disaster recovery plan. The authorized person may vary depending on the type, scope, and severity of the disaster, but it should be clearly defined in the plan who can declare a disaster and under what circumstances. The authorized person should also communicate the declaration of a disaster to all relevant stakeholders, such as employees, customers, suppliers, partners, regulators, media, or the public. Verified References:
https://www.ready.gov/business-continuity-planhttps://www.csoonline.com/article/515730/business-continuity-a
NEW QUESTION # 17
Tolerating risk is where no action is taken to mitigate or reduce a risk.
- A. False
- B. True
Answer: B
Explanation:
Tolerating risk is where no action is taken to mitigate or reduce a risk. This is true because tolerating risk is one of the possible strategies for managing risk. Tolerating risk means 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. Tolerating risk may be appropriate for low-priority or low-impact risks that do not pose a significant threat to the organization's objectives. Verified References: https://www.investopedia.com
/terms/t/the-four-ts.asphttps://www.thebci.org/training-qualifications/good-practice-guidelines.html
NEW QUESTION # 18
Risk ownership must be clearly set out, documented and agreed with the individual owners at all levels of the operational risk management process.
- A. False
- B. True
Answer: B
Explanation:
Explanation
Risk ownership must be clearly set out, documented and agreed with the individual owners at all levels of the operational risk management process. This is true because risk ownership is oneof the key principles of business continuity management. Risk ownership means that each risk has a designated person who is responsible and accountable for its identification, assessment, treatment, monitoring, and reporting. Risk owners should have the authority and resources to manage their risks effectively and efficiently. Verified References:
https://www.iso.org/publication/PUB100442.htmlhttps://www.thebci.org/training-qualifications/good-practice-g
NEW QUESTION # 19
Which phase of the project is the time to maximize on the employees' new awareness and management support?
- A. Milestones
- B. Benchmark
- C. Timelines
- D. Structure
Answer: A
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 # 20
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. Terminate
- D. Tolerate
- E. Treat
- F. Title
Answer: B,C,D,E
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 # 21
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