Most Recent PECB ISO-22301-Lead-Auditor Exam Dumps

A risk assessment is a review that uncovers the vulnerability and exposure of the organizational activities to specific types or risk. A risk assessment helps to identify, analyze, and evaluate the potential threats and impacts that could affect the organization's ability to achieve its objectives and maintain its continuity. A risk assessment also helps to determine the appropriate risk treatment options and controls to reduce the likelihood and/or consequences of the risks. A risk assessment is an essential part of the business continuity management system (BCMS) as it enables the organization to prioritize its business continuity requirements and resources based on the level of risk.Reference:

ISO 22301 Auditing eBook, page 25

ISO 22301:2019, clause 6.1.2

Deliverables are the specific tasks, products, or outcomes that are required in order to complete the project. They are the tangible and measurable results of the project activities, and they should be aligned with the project objectives and scope. Deliverables can be classified into two types: project deliverables and process deliverables. Project deliverables are the outputs that directly contribute to the achievement of the project goals, such as reports, plans, documents, software, hardware, etc. Process deliverables are the outputs that support the management and execution of the project, such as schedules, budgets, risk assessments, audits, etc. Deliverables should be clearly defined, agreed upon, and accepted by the project stakeholders, and they should be monitored and controlled throughout the project lifecycle. According to ISO 22301, some of the deliverables for implementing a business continuity management system (BCMS) are: business continuity policy, business continuity objectives, business impact analysis, risk assessment and treatment, business continuity strategy, business continuity plans, business continuity procedures, performance indicators, audit reports, corrective actions, etc.Reference: ISO 22301 Auditing eBook, Chapter 3: Planning the BCMS, Section 3.1: Project Management, page 39. ISO 22301 Auditing eBook, Chapter 3: Planning the BCMS, Section 3.2: Project Deliverables, page 40.

Strategy option evaluation and selection is the strategy that supports the recovery needs of each critical product and service. This strategy involves the following steps:

Identify the recovery options: Based on the results of the business impact analysis (BIA) and the risk assessment, identify the possible recovery options for each critical product and service. Recovery options are the alternative ways of resuming the delivery of the product or service within the recovery time objective (RTO) and the recovery point objective (RPO). Examples of recovery options are: relocating to an alternate site, activating a mutual aid agreement, using a cloud-based backup, outsourcing to a third-party provider, etc.

Evaluate the recovery options: Assess the feasibility, effectiveness, and efficiency of each recovery option, using criteria such as: cost, availability, scalability, compatibility, security, compliance, etc. Compare the advantages and disadvantages of each option and rank them according to their suitability for meeting the recovery needs.

Select the recovery options: Choose the best recovery option for each critical product and service, based on the evaluation results and the available resources. Ensure that the selected option aligns with the organization's business continuity objectives, policies, and strategies. Document the rationale and justification for the selection and communicate it to the relevant stakeholders.

Strategy option evaluation and selection is the strategy that supports the recovery needs of each critical product and service, as it enables the organization to identify, evaluate, and select the most appropriate recovery option for each critical product and service, based on the BIA and the risk assessment results. This strategy helps the organization to ensure the continuity and resilience of its critical products and services in the event of a disruption, and to optimize the use of its resources and capabilities.Reference:

ISO 22301 Auditing eBook, Chapter 3: Business Continuity Management System, Section 3.4.2: Business Continuity Strategy, Page 19

ISO 22301 Auditing eBook, Chapter 5: Business Continuity Management System Audit Activities, Section 5.3.2: Audit of Business Continuity Strategy, Page 37

ISO 22301:2019, Clause 8.3: Business Continuity Strategies and Solutions, Page 18

Policy documents are developed in accordance to the framework of objectives, which are derived from the organization's strategic direction, context, and interested parties' needs and expectations. Policy documents provide guidance and direction for the organization's business continuity management system (BCMS) and set the overall tone and commitment of top management. Policy documents also define the scope and boundaries of the BCMS and the roles and responsibilities of the relevant parties.Reference: ISO 22301 Auditing eBook, page 28; ISO 22301:2019 standard, clause 5.2

The media and press have a profound impact on the long-term performance, or in some cases, the survival of an organization, especially in the aftermath of a disruptive incident. The media and press can influence the perception and reputation of the organization, as well as the expectations and satisfaction of its stakeholders, such as customers, suppliers, regulators, employees, and the general public. Therefore, it is important for the organization to establish and maintain a positive relationship with the media and press, and to communicate effectively and transparently during and after a crisis. ISO 22301:2019, Clause 8.4.3, requires the organization to establish, implement, and maintain a documented procedure to manage communications with relevant interested parties during a disruptive incident. The procedure should include the identification of the spokesperson(s) who will communicate with the media and press, the preparation of key messages and statements, the approval and distribution of information, and the monitoring and evaluation of the effectiveness of the communications. The organization should also consider the potential legal and ethical implications of its communications, and ensure that the information provided is accurate, consistent, and timely.Reference: ISO 22301:2019, Clause 8.4.3; ISO 22301 Auditing eBook, Chapter 4.3.3.