Management Of Information Security
6th Edition
ISBN: 9781337405713
Author: WHITMAN, Michael.
Publisher: Cengage Learning,
expand_more
expand_more
format_list_bulleted
Question
Chapter 7, Problem 18RQ
Program Plan Intro
Cost-benefit analysis:
- An evaluation of the anticipated losses that could be avoided from a control effort (benefit), compared to the anticipated costs needed to implement the control is called cost-benefit analysis (CBA).
- A CBA may be used to estimate (or evaluate) the value against the cost of a decision, project, or policy or to compare potential (or completed) courses of actions. It is commonly used in business or policy decisions (particularly public policy), commercial transactions, and project investments.
- Cost–benefit analysis is often used by organizations to appraise the given policy’s desirability. It is an analysis of the expected balance of costs and benefits.
Expert Solution & Answer
Trending nowThis is a popular solution!
Students have asked these similar questions
What is Organization Strategy and Project Selection?
What are the critical contrasts between a strategic and gradual approach?
Which level of planning breaks down each applicable strategic goal into a series of incremental objectives?
Operational
Strategic
Organizational
Tactical
Chapter 7 Solutions
Management Of Information Security
Ch. 7 - Prob. 1RQCh. 7 - Prob. 2RQCh. 7 - Prob. 3RQCh. 7 - Prob. 4RQCh. 7 - Prob. 5RQCh. 7 - Prob. 6RQCh. 7 - Prob. 7RQCh. 7 - Prob. 8RQCh. 7 - Prob. 9RQCh. 7 - Prob. 10RQ
Ch. 7 - Prob. 11RQCh. 7 - Prob. 12RQCh. 7 - Prob. 13RQCh. 7 - Prob. 14RQCh. 7 - Prob. 15RQCh. 7 - Prob. 16RQCh. 7 - Prob. 17RQCh. 7 - Prob. 18RQCh. 7 - Prob. 19RQCh. 7 - Prob. 20RQCh. 7 - Prob. 1ECh. 7 - Prob. 2ECh. 7 - Prob. 3ECh. 7 - Prob. 4ECh. 7 - Prob. 5ECh. 7 - Prob. 6ECh. 7 - Prob. 7ECh. 7 - Prob. 1DQCh. 7 - Prob. 2DQCh. 7 - Prob. 1EDM
Knowledge Booster
Similar questions
- To make performance analysis more accessible and comparative, what strategies may managers use?arrow_forward63. Strategic Planning factors do not include which of the following? a. Organizational goals b. Critical success factors c. Information engineering d. Problem areasarrow_forwardElaborate the factors that need to be considered for successful strategic alignment of an organisation and project managementarrow_forward
- How can managers improve the comparability and accessibility of performance analysis?arrow_forwardWhy do organizations need to tailor project management concepts, such as those found in the PMBOK Guide, to create their own methodologies?arrow_forwardWhat are the phases in a traditional project life cycle? How does a project life cycle differ from a product life cycle? Why does a project manager need to understand both?arrow_forward
- Explain the four frames of organizations. How can they help project managers understand the organizational context for their projects?arrow_forwardA(n) _______________________ is a measure that tracks progress in executing chosen strategies to attain organizational objectives and goals.arrow_forward
arrow_back_ios
arrow_forward_ios
Recommended textbooks for you
- Management Of Information SecurityComputer ScienceISBN:9781337405713Author:WHITMAN, Michael.Publisher:Cengage Learning,Information Technology Project ManagementComputer ScienceISBN:9781337101356Author:Kathy SchwalbePublisher:Cengage LearningPrinciples of Information Systems (MindTap Course...Computer ScienceISBN:9781285867168Author:Ralph Stair, George ReynoldsPublisher:Cengage Learning
- Principles of Information Systems (MindTap Course...Computer ScienceISBN:9781305971776Author:Ralph Stair, George ReynoldsPublisher:Cengage LearningPrinciples of Information Security (MindTap Cours...Computer ScienceISBN:9781337102063Author:Michael E. Whitman, Herbert J. MattordPublisher:Cengage Learning
Management Of Information Security
Computer Science
ISBN:9781337405713
Author:WHITMAN, Michael.
Publisher:Cengage Learning,
Information Technology Project Management
Computer Science
ISBN:9781337101356
Author:Kathy Schwalbe
Publisher:Cengage Learning
Principles of Information Systems (MindTap Course...
Computer Science
ISBN:9781285867168
Author:Ralph Stair, George Reynolds
Publisher:Cengage Learning
Principles of Information Systems (MindTap Course...
Computer Science
ISBN:9781305971776
Author:Ralph Stair, George Reynolds
Publisher:Cengage Learning
Principles of Information Security (MindTap Cours...
Computer Science
ISBN:9781337102063
Author:Michael E. Whitman, Herbert J. Mattord
Publisher:Cengage Learning