[May 20, 2024] Fast Exam Updates CBCP-002 dumps with PDF Test Engine Practice
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The CBCP certification is a valuable credential for professionals involved in business continuity management, including business continuity planners, risk managers, emergency management professionals, and IT professionals. It is also beneficial for executives and senior managers who are responsible for ensuring the continuity of critical business operations. Certified Business Continuity Professional (CBCP) certification demonstrates a commitment to best practices and a willingness to invest in the skills and knowledge necessary to manage unexpected disruptions effectively.
NEW QUESTION # 13
Which of the following are three components of business continuity plan? (Choose three)
- A. Problem management
- B. Business recovery
- C. Incident management
- D. Emergency response
- E. Disaster recovery
Answer: C,D,E
Explanation:
Explanation
The three components of a business continuity plan are emergency response, incident management, and disaster recovery. They are:
Emergency response: This component involves the immediate actions taken to protect the life, health, and safety of people and the environment in the event of a disruption. Emergency response may include activating alarms, evacuating premises, contacting emergency services, or providing first aid.
Incident management: This component involves the coordination and communication of the activities and resources required to manage and resolve a disruption. Incident management may include activating the business continuity team, declaring a disaster, assessing the impact, activating the recovery strategies, or communicating with stakeholders.
Disaster recovery: This component involves the restoration and recovery of the IT systems, data, and infrastructure that support the critical functions and processes of the organization. Disaster recovery may include activating the backup systems, restoring the data, repairing or replacing the equipment, or testing the functionality. Verified References: https://www.ready.gov/business-continuity-plan
https://www.csoonline.com/article/515730/business-continuity-and-disaster-recovery-planning-the-basics.
NEW QUESTION # 14
Which of the following are the four T's of risk guidance produced by by the Office of Government Commerce? (choose four)
- A. Tolerate
- B. Treat
- C. Technique
- D. Title
- E. Terminate
- F. Transfer
Answer: A,B,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 # 15
Which of the following is a low-pressure exercise that uses presentation techniques including videos, slides, and handouts, so that participants fully understand their plans?
- A. Facilitated discussion
- B. Virtualization
- C. Plan walkthrough
- D. Single team simulation
Answer: C
Explanation:
Explanation
A plan walkthrough is a low-pressure exercise that uses presentation techniques including videos, slides and handouts, so that participants fully understand their plans1.
NEW QUESTION # 16
Damage assessment includes all but which of the following steps?
- A. Having the insurance company declare the total extent of the damages.
- B. Estimate the time it will take to restore critical business functions.
- C. Evaluating the time to restore operations and if greater than the MTD, a disaster should be declared and BCP enacted
- D. Identifying the affected business functions.
Answer: A
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 # 17
BIA stands for
- A. Business Impact Analysis
- B. Business Information Availability
- C. Business Importance and Availability
- D. Business Improvement Activities
Answer: A
Explanation:
Explanation
Business impact analysis (BIA) is the process of identifying and prioritizing the organization's functions and processes based on their importance to the organization's objectives, and assessing the potential impacts of a disruption to those functions and processes over time. The BIA helps to determine the recovery time objectives (RTOs), recovery point objectives (RPOs), and resource requirements for each function and process, as well as the interdependencies and dependencies among them. The BIA provides the basis for developing recovery strategies and plans. Verified References:
https://www.ready.gov/business-impact-analysishttps://drii.org/resources/professionalpractices/EN
NEW QUESTION # 18
Risks are diverse and arise from both external and internal sources.
- A. False
- B. True
Answer: B
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 # 19
What is the frequency of BCP testing for critical processes?
- A. As per calendar planned at beginning of the year
- B. Quarterly
- C. Annually
- D. Half-yearly
Answer: D
Explanation:
Explanation
BCP testing is the process of verifying the effectiveness of a business continuity plan and ensuring that it meets the business objectives and requirements. BCP testing should be conducted regularly to identify any gaps or weaknesses in the plan and to update it accordingly1. While the number of tests to be conducted depends on the industry background, size and complexity, available resources, and BCP maturity levels, it is recommended that the tests are conducted twice a year for critical processes but at least minimum once a year1.
NEW QUESTION # 20
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 Ethical Planning
- B. Business Continuity Planning
- C. Business Contingency Planning
- D. Business Process 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 # 21
Which register maintains information on all the identified risks relating to an organization?
- A. Risk register
- B. Memory Data Register
- C. Index register
- D. Crisis register
Answer: A
Explanation:
Explanation
A risk register is a register that maintains information on all the identified risks relating to an organization. A risk register is a document or a tool that records and tracks the details of each risk, such as its description, source, impact, likelihood, rating, owner, status, response strategy, action plan, and monitoring method. A risk register is a useful tool for managing risks and communicating them to stakeholders. Verified References:
https://www.investopedia.com/terms/r/risk-register.asphttps://www.thebci.org/training-qualifications/good-pract
NEW QUESTION # 22
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 # 23
BIA helps you identify
- A. Critical services and products
- B. Critical interdependencies and interested parties
- C. All of the above
- D. Tangible and intangible impact of a disruption over period of time
Answer: C
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 # 24
In the event of a disaster that destroys the physical office site operations will be relocated to a temporary site.
- A. False
- B. True
Answer: B
Explanation:
Explanation
In the event of a disaster that destroys the physical office site operations will be relocated to a temporary site.
This is true because one of the recovery strategies for a disaster is to have an alternate site where the critical functions and processes can be resumed until the primary site is restored or replaced. The alternate site can be a pre-arranged location, such as a rented office space, a hotel, or another branch of the same organization, or a mobile facility, such as a trailer or a container. The alternate site should have the necessary equipment, systems, data, and resources to support the continuity of the business. Verified References:
https://www.ready.gov/business-continuity-planhttps://www.csoonline.com/article/515730/business-continuity-a
NEW QUESTION # 25
Which type of management is an often used term, but has so many different connotations to different people that invariably the message of its meaning gets confused?
- A. Strategic
- B. Technical
- C. Functional
- D. Operational
Answer: A
Explanation:
Explanation
Strategic management is the type of management that is an often used term, but has so many different connotations to different people that invariably the message of its meaning gets confused. Strategic management is the process of defining and executing the long-term vision, goals, plans, and actions of an organization. Strategic management involves analyzing the internal and external environment, formulating strategies, implementing them, and evaluating their outcomes. Strategic management can be complex and challenging, as it requires alignment and integration of various aspects of the organization, such as culture, structure, resources, capabilities, stakeholders, markets, competitors, or regulations. Verified References:
https://www.investopedia.com/terms/s/strategic-management.asp
https://phoenixnap.com/blog/what-is-business-continuity-management
NEW QUESTION # 26
Which type of planning requires the commitment of significant financial and human resources for situations that may never even occur?
- A. Review
- B. Contingency
- C. Technical
- D. Operational
Answer: B
Explanation:
Explanation
Contingency planning is the type of planning that requires the commitment of significant financial and human resources for situations that may never even occur. Contingency planning is the process of developing alternative courses of action in case the preferred plan fails or an unexpected event occurs. Contingency planning aims to reduce the impact and uncertainty of potential disruptions and ensure the continuity of the organization's functions and processes. Contingency planning can be costly and time-consuming, as it involves identifying risks, analyzing scenarios, developing strategies, testing plans, and maintaining readiness.
Verified References:
https://www.iso.org/publication/PUB100442.htmlhttps://phoenixnap.com/blog/what-is-business-continuity-mana
NEW QUESTION # 27
Which statement is authorized at an appropriate level and should codify the company's attitude to a particular risk?
- A. Privacy Statement
- B. QMS Document
- C. Process Document
- D. Policy Statement
Answer: D
Explanation:
Explanation
A policy statement is a statement that is authorized at an appropriate level and should codify the company's attitude to a particular risk. A policy statement is a document that defines the scope, objectives, principles, roles, and responsibilities of a business continuity management program. It should also express the organization's commitment to managing risks and ensuring continuity of its critical functions and processes. A policy statement should be approved by senior management and communicated to all relevant stakeholders.
Verified References:
https://www.iso.org/publication/PUB100442.htmlhttps://phoenixnap.com/blog/what-is-business-continuity-mana
NEW QUESTION # 28
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 # 29
......
Obtaining the CBCP-002 certification demonstrates a commitment to business continuity and risk management, and provides professionals with a competitive advantage in the job market. Certified Business Continuity Professional (CBCP) certification is ideal for individuals who are looking to advance their careers in the field of business continuity, as well as those who are seeking to enhance their knowledge and skills in this area.
To earn the CBCP certification, candidates must successfully pass the exam, which consists of 150 multiple-choice questions. CBCP-002 exam is divided into six sections, with each section covering a specific topic related to business continuity planning. Candidates are given three hours to complete the exam, and a passing score of 70% or higher is required to earn the certification.
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