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Download DemoVendor: ISC
Certifications: ISC Certifications
Exam Code: CSSLP
Exam Name: Certified Secure Software Lifecycle Professional (CSSLP)
Updated: Jan 12, 2025
Q&As: 354
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Which of the following statements reflect the 'Code of Ethics Canons' in the '(ISC)2 Code of Ethics'? Each correct answer represents a complete solution. Choose all that apply.
A. Act honorably, honestly, justly, responsibly, and legally.
B. Give guidance for resolving good versus good and bad versus bad dilemmas.
C. Provide diligent and competent service to principals.
D. Protect society, the commonwealth, and the infrastructure.
Correct Answer: ACD
The Code of Ethics Canons in (ISC)2 code of ethics are as follows: Protect society, the commonwealth, and the infrastructure. Act honorably, honestly, justly, responsibly, and legally. Provide diligent and competent service to principals. Advance and protect the profession.
Single Loss Expectancy (SLE) represents an organization's loss from a single threat. Which of the following formulas best describes the Single Loss Expectancy (SLE)?
A. SLE = Asset Value (AV) * Exposure Factor (EF)
B. SLE = Annualized Loss Expectancy (ALE) * Annualized Rate of Occurrence (ARO)
C. SLE = Annualized Loss Expectancy (ALE) * Exposure Factor (EF)
D. SLE = Asset Value (AV) * Annualized Rate of Occurrence (ARO)
Correct Answer: A
Single Loss Expectancy is a term related to Risk Management and Risk Assessment. It can be defined as the monetary value expected from the occurrence of a risk on an asset. It is mathematically expressed as follows: Single Loss Expectancy (SLE) = Asset Value (AV) * Exposure Factor (EF) where the Exposure Factor is represented in the impact of the risk over the asset, or percentage of asset lost. As an example, if the Asset Value is reduced two thirds, the exposure factor value is .66. If the asset is completely lost, the Exposure Factor is 1.0. The result is a monetary value in the same unit as the Single Loss Expectancy is expressed. Answer: C, D, and B are incorrect. These are not valid formulas of SLE.
You are the project manager of the GHY project for your organization. You are about to start the qualitative risk analysis process for the project and you need to determine the roles and responsibilities for conducting risk management. Where can you find this information?
A. Risk register
B. Staffing management plan
C. Risk management plan
D. Enterprise environmental factors
Correct Answer: C
The risk management plan defines the roles and responsibilities for conducting risk management. A Risk management plan is a document arranged by a project manager to estimate the effectiveness, predict risks, and build response plans to mitigate them. It also consists of the risk assessment matrix. Risks are built in with any project, and project managers evaluate risks repeatedly and build plans to address them. The risk management plan consists of analysis of possible risks with both high and low impacts, and the mitigation strategies to facilitate the project and avoid being derailed through which the common problems arise. Risk management plans should be timely reviewed by the project team in order to avoid having the analysis become stale and not reflective of actual potential project risks. Most critically, risk management plans include a risk strategy for project execution. Answer: A is incorrect. The risk register does not define the risk management roles and responsibilities. Answer: D is incorrect. Enterprise environmental factors may define the roles that risk management officials or departments play in the project, but the best answer for all projects is the risk management plan. Answer: B is incorrect. The staffing management plan does not define the risk management roles and responsibilities.
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