Balancing operational and economical costs with mission capability gains is a goal of what?

Study for the FedVTE ISSMP Test. Study with flashcards and multiple choice questions, each question has hints and explanations. Get ready for your exam!

The goal of balancing operational and economical costs with mission capability gains aligns closely with the principles of risk management. Risk management involves identifying, assessing, and prioritizing risks, followed by coordinated efforts to minimize, monitor, and control the probability or impact of unfortunate events. This process inherently requires an organization to consider both the costs associated with implementing security measures and the potential benefits gained in terms of operational effectiveness and mission capability.

In a successful risk management strategy, decisions are made to find a suitable balance where resources are allocated not just for compliance or security for its own sake, but in a way that enhances overall mission accomplishment while being mindful of budgetary constraints. When risks are effectively managed, the operational capabilities can improve without disproportionately increasing costs, directly supporting mission objectives.

Other options, while relevant in various contexts, do not encapsulate this balancing act as effectively as risk management does. Change control primarily deals with managing modifications to systems, strategic alignment focuses on ensuring that organizational strategies and objectives are synchronized, and information security management centers on protecting information assets. None of these areas emphasize the specific balance between costs and mission capability as fundamentally as risk management does.

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