DRI CBCP : Certified Business Continuity Professional ExamExam Dumps Organized by Bradley
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Test Number : CBCP
Test Name : Certified Business Continuity Professional
Vendor Name : DRI
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The Certified Business Continuity Professional is their most widely recognized and held business continuity certification in the world. CBCPs are professionals that have demonstrated both knowledge and skill in the business continuity/disaster recovery industry. For the most part, these professionals have been working in the industry as leaders and are looking for the recognition that comes with certification.
Prerequisite test : Qualifying Examination
Prerequisite Course : None
Years of Experience : 2
Subject Matter Area Essays (SMEs): 5
References Required : 2 per subject matter area
Waivers Available : No
CEAPS Required (for Maintenance): 80
Possess at least two years of significant, practical experience in five of the subject areas of the Professional Practices for Business Continuity Management.
Pass the Qualifying Examination with a minimum score of 75%.
Complete the Online Application for Professional Certification by logging into your DRI account.
Complete application essays focused on your business continuity / disaster recovery planning responsibilities and accomplishments by mapping your experience to the Professional Practices. At least two of the five selected subject matter essays MUST draw from:
Subject Area 3: Business Impact Analysis.
Subject Area 4: Developing Business Continuity Strategies.
Subject Area 6: Developing and Implementing Business Continuity Plans.
Subject Area 8: Maintaining and Exercising Business Continuity Plans.
Provide references to confirm your experience. Experience must have occurred within a ten-year period from your application date.
Advances in technology
Cyber threat considerations
Utilizing insurance as a risk transfer tool
Strategies for manufacturing
Supply chain processing
Risk management concepts
Legal and regulatory concerns
1. Program Initiation and Management
Establish the need for a business continuity program.
Obtain support and funding for the business continuity program.
Build the organizational framework to support the business continuity program.
Introduce key concepts, such as program management, risk awareness, identification of critical functions/processes, recovery strategies, training and awareness, and exercising/testing.
2. Risk Assessment
Identify risks that can adversely affect an entitys resources or image.
Assess risks to determine the potential impacts to the entity, enabling the entity to determine the most effective use of resources to reduce these potential impacts.
3. Business Impact Analysis
Identify and prioritize the entitys functions and processes in order to ascertain which ones will have the greatest impact should they not be available.
Assess the resources required to support the business impact analysis process.
Analyze the findings to ascertain any gaps between the entitys requirements and its ability to deliver those requirements.
4. Business Continuity Strategies
Select cost-effective strategies to reduce deficiencies as identified during the risk assessment and business impact analysis processes.
5. Incident Response
Develop and assist with the implementation of an incident management system that defines organizational roles, lines of authority and succession of authority.
Define requirements to develop and implement the entitys incident response plan.
Ensure that incident response is coordinated with outside organizations in a timely and effective manner when appropriate.
6. Plan Development and Implementation
Document plans to be used during an incident that will enable the entity to continue to function.
7. Awareness and Training Programs
Establish and maintain training and awareness programs that result in personnel being able to respond to incidents in a calm and efficient manner.
8. Business Continuity Plan Exercise, Assessment, and Maintenance
Establish an exercise, assessment and maintenance program to maintain a state of readiness.
9. Crisis Communications
Provide a framework for developing a crisis communications plan.
Ensure that the crisis communications plan will provide for timely, effective communication with internal and external parties.
10. Coordination with External Agencies
Establish policies and procedures to coordinate incident response activities with public entities.
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The U.S. divorce price has fallen over time, but many agencies are calling it splitsville. increasingly, U.S. corporations are spinning off ingredients of their groups and giving shareholders inventory in these newly independent businesses. Hewlett-Packard (HPQ) these days introduced that it would ruin into two groups, and eBay (EBAY) observed it could spin off its PayPal unit. Madison rectangular backyard Co. (MSG) says it’s on the grounds that jettisoning the ny Knicks and big apple Rangers. meanwhile, some investors are pressuring PepsiCo (PEP) to separate its snacks and soda companies. actually, 2014 is on pace for sixty two corporate spin-offs, essentially the most considering the fact that 2000, says Joe Cornell, of Spin-Off research.
Why so a great deal breakup undertaking now? It’s all about lifting share costs in a lackluster economy, which makes it tough for companies to boost earnings and earnings. investors are profitable corporations for keeping apart their low-increase corporations from ones with stronger prospects for income and revenue features. Encouraging the vogue are so-referred to as activist traders, who commonly force firms to spin off elements that they think will garner larger stock market valuations. “as soon as upon a time, conglomerates have been purported to provide you with what a portfolio of stocks in the market does,” says Nicholas Heymann, who has been covering industrial shares on Wall street for more than three decades. “They were supposedly in a position to leverage expertise and managerial advantage. nowadays, that argument has more and more been diminished.”
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There are two the way to play the spin-off video game: One is to try to identify spin-offs in boost of an announcement and advantage from the bump within the share fee that often occurs. The different is to stay up for the separation to take location, cool your heels for a long time after which make investments within the spin-off.
Guggenheim Spin-Off ETF (CSD) is an trade-traded fund that has produced brilliant returns taking the latter strategy. The fund, which tracks an index of spin-offs, beat average & bad’s 500-stock index every year from 2009 via 2013. although it lagged the index by means of eleven percentage features in 2014, it again a stellar 22.5% annualized during the last five years. (All prices and returns are as of November 6.) manager William Belden says the index his fund tracks adds a spin-off best after the stock has traded for at least six months. The fund waits to purchase as a result of shareholders of the parent enterprise frequently dump the stock of a spin-off after receiving it, pushing the price down and developing a possible bargain. meanwhile, the managers of the now-impartial concern, freed from the shackles of a larger business, can center of attention on making the spin-off greater ecocnomic.
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Cornell likes Keysight applied sciences (KEYS, $30), a contemporary spin-off from Agilent applied sciences (A). Keysight sells size devices to the electronics and communications industries. Cornell thinks the stock is price 13% greater than its current cost. Wait to purchase, notwithstanding, because the hole between the share price and Keysight’s real cost is likely to widen as some Agilent shareholders dump their Keysight shares.
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Cornell additionally favors Knowles Corp. (KN, $19), which was spun off from Dover Corp. ultimate March. Knowles makes microphones and audio system for mobile phones and drugs. Cornell believes that as chinese cellphone makers Boost the audio performance of their products, they’ll buy extra components from Knowles. Cornell values Knowles at $27 per share.
wish to bet on a future breakup? Ken Squire operates 13D computer screen, a research firm that keeps tabs on activist investors and is termed after the kind activists should file with the Securities and trade fee when they take a large stake in a company. He also manages The 13D Activist Fund (DDDAX), a mutual fund that beat the S&P 500 in 2012 and 2013, its first two full years of existence, and trails it by means of only 1 percent point up to now in 2014. alas, they can’t advocate the fund on account of its 5.75% sales charge and excessive annual expenses. (An institutional share classification is not any-load.)
At any rate, Squire says he “loves” Darden eating places (DRI, $fifty three), the proprietor of Olive garden and a solid of smaller, sooner-turning out to be chains. Squire says the stock still trades at the cost at which hedge fund Starboard price bought in, even if the hedge fund has without difficulty taken over the business. Starboard’s principals “wish to separate the increase businesses from the mature eating places,” he says. “And it’s going to happen since the guys who are looking to do it simply received handle of the board.”
Squire also likes Babcock & Wilcox (BWC, $30), a maker of accessories for nuclear power plant life that additionally owns a company that resources machine to coal vegetation. An activist enterprise called Blue Harbour group needs B&W to dump the coal unit, which, Squire says, “has been weighing down the business’s complete valuation.”
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