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NEW QUESTION: 1
An IT manager is concerned about the cost of implementing a web filtering solution in an effort to mitigate the risks associated with malware and resulting data leakage. Given that the ARO is twice per year, the ALE resulting from a data leak is $25,000 and the ALE after implementing the web filter is $15,000. The web filtering solution will cost the organization $10,000 per year. Which of the following values is the single loss expectancy of a data leakage event after implementing the web filtering solution?
A. $0
B. $15,000
C. $12,500
D. $7,500
E. $10,000
Answer: D
Explanation:
The annualized loss expectancy (ALE) is the product of the annual rate of occurrence (ARO) and the single loss expectancy (SLE). It is mathematically expressed as: ALE = ARO x SLE
Single Loss Expectancy (SLE) is mathematically expressed as: Asset value (AV) x Exposure Factor (EF)
SLE = AV x EF - Thus the Single Loss Expectancy (SLE) = ALE/ARO = $15,000 / 2 = $ 7,500
References:
http://www.financeformulas.net/Return_on_Investment.html
https://en.wikipedia.org/wiki/Risk_assessment
NEW QUESTION: 2
A project manager is releasing resources and archiving documents. Which of the following phases is the project MOST likely in?
A. Closing
B. Monitor and control
C. Initiation
D. Planning
Answer: A
NEW QUESTION: 3
A project manager meets with the team to revise the change management plan A new sponsor disagrees with the project manager's idea to extend documentation to cover any possible changes throughout the projects life cycle The sponsor believes that all changes are welcome and should be accepted using an agile mindset.
What should the project manager do?
A. Emphasize that any project change must be discussed and documentation updated
B. Emphasize that any project change is welcome, but ask the project team not to discuss the project management plan in detail
C. Allow the new sponsor to guide the team to achieve project objectives.
D. Ask the new sponsor to formalize this with the management team and proceed with the planning session
Answer: D
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Feedbacks
Aalk - 2014-05-05 16:45:18
Plato - 2014-05-05 16:45:51
I successfully passed the CFM exam, now I intend to apply for CFM, you can be relatively cheaper?Or can you give me some information about CFM exam?
Eleanore - 2014-09-28 16:36:48