CBCP-002 Exam Questions Dumps, Selling GAQM Products
CBCP-002 Cert Guide PDF 100% Cover Real Exam Questions
GAQM CBCP-002 certification is a globally recognized certification that validates the knowledge and skills of business continuity professionals. Certified Business Continuity Professional (CBCP) certification is designed for professionals who want to demonstrate their proficiency in developing and implementing effective business continuity plans. The CBCP-002 certification exam covers a wide range of topics, including risk assessment, business impact analysis, crisis management, and disaster recovery planning.
NEW QUESTION # 12
Which system in place enables you to balance risk and entrepreneurial energy with appropriate internal control procedures to manage that risk?
- A. Banking System
- B. Auditing Report
- C. Corporate Governance
- D. Quality Management System
Answer: C
Explanation:
Explanation
Corporate governance is the system of rules, practices, and processes by which an organization is directed and controlled. It involves balancing the interests of various stakeholders, such as shareholders, management, customers, suppliers, regulators, and the community. It also enables an organization to balance risk and entrepreneurial energy with appropriate internal control procedures to manage that risk. Effective corporate governance can enhance performance, accountability, transparency, and trust. Verified References:
https://www.investopedia.com/terms/c/corporategovernance.asphttps://www.thebci.org/training-qualifications/go
NEW QUESTION # 13
Which type of planning requires the commitment of significant financial and human resources for situations that may never even occur?
- A. Technical
- B. Operational
- C. Review
- D. Contingency
Answer: D
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 # 14
In the event of a disaster that destroys the physical office site operations will be relocated to a temporary site.
- A. True
- B. False
Answer: A
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 # 15
Which register maintains information on all the identified risks relating to an organization?
- A. Index register
- B. Memory Data Register
- C. Crisis register
- D. Risk register
Answer: D
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 # 16
Which phase of the project is the time to maximize on the employees' new awareness and management support?
- A. Timelines
- B. Benchmark
- C. Structure
- D. Milestones
Answer: D
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 # 17
Which certification centre provides the physical infrastructure?
- A. Facility
- B. Service
Answer: A
Explanation:
Explanation
A facility certification center is a center that provides the physical infrastructure for testing and certifying the functionality and performance of products, systems, or services. A facility certification center may have specialized equipment, tools, environments, or standards that can simulate real-world conditions or scenarios.
A facility certification center may also have qualified staff, experts, or auditors who can conduct the testing and certification process. Verified References:
https://www.iso.org/publication/PUB100442.htmlhttps://www.cisco.com/c/en/us/solutions/hybrid-work/what-is-
NEW QUESTION # 18
Which of the following can threats be considered? (Choose three)
- A. Technology failure
- B. Operational failure
- C. Supply chain failure
- D. Fire
- E. Water
Answer: A,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 # 19
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 Continuity Planning
- B. Business Process Planning
- C. Business Ethical Planning
- D. Business Contingency Planning
Answer: A
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 # 20
Individual accountability for the management of the risk should be clearly established.
- A. True
- B. False
Answer: A
Explanation:
Explanation
Individual accountability for the management of the risk should be clearly established. This is true because accountability is one of the key principles of business continuity management. Accountability means that each person involved in the business continuity management program has a clear understanding of their roles and responsibilities, as well as the authorityand resources to perform them. Accountability also means that each person is held responsible for their actions and outcomes, and that they report on their performance and progress regularly. Verified References:
https://www.iso.org/publication/PUB100442.htmlhttps://phoenixnap.com/blog/what-is-business-continuity-mana
NEW QUESTION # 21
When should the Business Continuity Planning be reviewed?
- A. Whenever the company gets audited
- B. At least annually or whenever significant changes occur
- C. Whenever the legal department declares it is time
- D. Whenever encountering a disaster
Answer: B
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 # 22
Which of the following should NOT be released in a publicly released BCP?
- A. Process flows
- B. BIA results
- C. All of the above
- D. Contact lists
Answer: C
Explanation:
Explanation
A publicly released BCP is a version of a business continuity plan that is intended for external audiences, such as customers, suppliers, partners, regulators, media, or the public. It should not contain sensitive or confidential information that may compromise the security or privacy of theorganization or its stakeholders.
Therefore, it should not include process flows that detail how each function or process is performed; contact lists that reveal personal or organizational information; BIA results that show criticality ratings or recovery time objectives; or any other information that may expose vulnerabilities or risks. Verified References:
https://www.ready.gov/business-continuity-planhttps://drii.org/resources/professionalpractices/EN
NEW QUESTION # 23
BIA helps you identify
- A. Tangible and intangible impact of a disruption over period of time
- B. All of the above
- C. Critical interdependencies and interested parties
- D. Critical services and products
Answer: B
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
What is the frequency of BCP testing for critical processes?
- A. Half-yearly
- B. Quarterly
- C. As per calendar planned at beginning of the year
- D. Annually
Answer: A
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 # 25
A disaster lasting longer than seventy-two (72) hours requires implementation of which of the following:
- A. Business Continuity and Disaster Recovery Plan
- B. Short Term Business Continuity Plan
Answer: A
Explanation:
Explanation
A disaster lasting longer than seventy-two (72) hours requires implementation of a business continuity and disaster recovery plan. A business continuity and disaster recovery plan is a comprehensive document that outlines how an organization will respond to and recover from a disaster that disrupts its normal operations. It covers both the IT aspects (disaster recovery) and the business aspects (business continuity) of restoring the critical functions and processes within an acceptable time frame. A disaster lasting longer than seventy-two (72) hours is likely to have significant impacts on the organization's performance, reputation, assets, and stakeholders, and therefore requires a coordinated and structured approach to ensure its survival and resilience.
Verified References:
https://www.ready.gov/business-continuity-planhttps://www.csoonline.com/article/515730/business-continuity-a
NEW QUESTION # 26
In the event of a disaster, notification shall be given to each employee by either the HR Department Manager or through the firm's emergency notice system.
- A. True
- B. False
Answer: A
Explanation:
Explanation
In the event of a disaster, notification shall be given to each employee by either the HR Department Manager or through the firm's emergency notice system. This is true because communication is a vital component of any disaster recovery and business continuity plan. Employees need to be informed of the situation, their roles and responsibilities, and the actions they need to take to ensure their safety and the continuity of the business.
The HR Department Manager or the emergency notice system are the designated channels for communicating with employees during a disaster. Verified References:
https://www.ready.gov/business-continuity-planhttps://www.csoonline.com/article/515730/business-continuity-a
NEW QUESTION # 27
Which type of risk is related to human error or achievement?
- A. Technical
- B. Operational
- C. Strategic
- D. Commercial
Answer: B
Explanation:
Explanation
Operational risk is the type of risk that is related to human error or achievement. Operational risk is the uncertainty or variability of the execution or outcome of an organization's functions or processes. Operational risk can result from factors such as inadequate policies, procedures, systems, controls, skills, training, supervision, or compliance. Operational risk can affect an organization's operational efficiency, quality, safety, security, reputation, or profitability. Verified References:
https://www.investopedia.com/terms/o/operational_risk.asphttps://www.thebci.org/training-qualifications/good-p
NEW QUESTION # 28
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To prepare for the GAQM CBCP-002 exam, candidates are encouraged to review the exam objectives and study materials provided by GAQM. Candidates may also consider attending training courses or workshops focused on business continuity planning and disaster recovery. Additionally, candidates can benefit from practical experience in the field, as this will help them to develop a deeper understanding of the concepts and practices covered in the exam.
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