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The appointment or selection of a project sponsor is often based upon:
A. All of the other alternatives apply
B. The profitability of the project
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Answer: A
NEW QUESTION: 2
Which choices below are considered an appropriate roles for Financial
Management in the business continuity and disaster recovery process? Select three
A. Formally notifying insurers of claims
B. Reassessing cash flow projections
C. Tracking the recovery costs
D. Monitoring employee morale and guarding against employee
burnout
Answer: A,B,C
Explanation:
Monitoring employee morale and guarding against employee
burnout during a disaster recovery event is the proper role of
human resources. Other emergency recovery tasks associated with
human resources could include:
Providing appropriate retraining
Monitoring productivity of personnel
Providing employees and family with counseling and support
In addition to the correct answers above, during an emergency, the
financial area is responsible for:
Re-establishing accounting processes, such as payroll, benefits,
and accounts payable
Re-establishing transaction controls and approval limits
Source: Business Recovery Checklist, KPMG LLP 2001, and
Contingency Planning and Management, Contingency Planning 101,
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