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Chapter 3: Business Continuity Planning




                1.  B. The business organization analysis helps the initial planners

                    select appropriate BCP team members and then guides the overall
                    BCP process.

                2.  B. The first task of the BCP team should be the review and
                    validation of the business organization analysis initially performed
                    by those individuals responsible for spearheading the BCP effort.
                    This ensures that the initial effort, undertaken by a small group of
                    individuals, reflects the beliefs of the entire BCP team.

                3.  C. A firm’s officers and directors are legally bound to exercise due

                    diligence in conducting their activities. This concept creates a
                    fiduciary responsibility on their part to ensure that adequate
                    business continuity plans are in place.

                4.  D. During the planning phase, the most significant resource
                    utilization will be the time dedicated by members of the BCP team
                    to the planning process. This represents a significant use of
                    business resources and is another reason that buy-in from senior

                    management is essential.

                5.  A. The quantitative portion of the priority identification should
                    assign asset values in monetary units.

                6.  C. The annualized loss expectancy (ALE) represents the amount of
                    money a business expects to lose to a given risk each year. This
                    figure is quite useful when performing a quantitative prioritization
                    of business continuity resource allocation.

                7.  C. The maximum tolerable downtime (MTD) represents the longest

                    period a business function can be unavailable before causing
                    irreparable harm to the business. This figure is useful when
                    determining the level of business continuity resources to assign to
                    a particular function.

                8.  B. The SLE is the product of the AV and the EF. From the scenario,
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