An essential first step in developing the security department budget is to:
A.
gather specific cost information.
B.
estimate the department's share of the overall corporate budget.
C.
determine minimum staffing levels.
D.
review the corporation's overall strategy and goals.
The Answer Is:
D
This question includes an explanation.
Explanation:
The essential first step in developing a security department budget is aligning the budgetary needs with the organization's overall strategy and goals. This ensures the security budget supports the strategic objectives, such as mitigating risks, protecting assets, and ensuring regulatory compliance.
Alignment with Corporate Goals:
Understand the organization's priorities (e.g., growth, cost control, risk management).
Identify how the security department’s objectives contribute to achieving these goals.
Strategic Assessment:
Review past security incidents, current threats, and vulnerabilities.
Incorporate assessments into a strategic plan that aligns with the corporation's goals.
Defining Objectives:
Establish clear, measurable objectives for the security department.
Examples: Reducing theft by a certain percentage, enhancing cybersecurity measures, or increasing physical security measures.
Cost-Benefit Justification:
Justify expenditures by demonstrating how they reduce risks or support business continuity.
A: Gathering specific cost information is a later step, informed by strategic goals.
B: Estimating the department's share of the corporate budget is arbitrary without strategic alignment.
C: Determining minimum staffing levels is part of operational planning, not strategic alignment.
Steps in Budget Development:Why Other Options Are Incorrect:ASIS CPP® References:
Domain 1: Security Principles and PracticesCovers aligning security programs with organizational goals.
Domain 9: Business Principles and PracticesEmphasizes the importance of strategy in resource allocation and budgeting.
ASIS-CPP PDF/Engine
Printable Format
Value of Money
100% Pass Assurance
Verified Answers
Researched by Industry Experts
Based on Real Exams Scenarios
100% Real Questions
Get 60% Discount on All Products,
Use Coupon: "8w52ceb345"