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| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Strategic Management | 20% | - Strategic planning and governance integration - Enterprise architecture and technology roadmaps - Investment and portfolio management - IT strategy development and alignment |
| Topic 2: Risk Optimization | 20% | - IT risk management framework - Risk monitoring and reporting - Risk response and mitigation strategies - Risk identification, assessment and evaluation |
| Topic 3: Benefit Realization | 20% | - Business case development and management - Benefit measurement and monitoring - Optimization of investments and outcomes - Value delivery and benefits identification |
| Topic 4: Resource Optimization | 15% | - Resource performance and efficiency - Human, financial and infrastructure resources - IT resource planning and allocation - Sourcing and vendor management |
| Topic 5: Framework for the Governance of Enterprise IT | 25% | - Principles, concepts and components of governance - Development and implementation of governance frameworks - Alignment with enterprise goals and strategies - Governance assurance and continuous improvement |
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NEW QUESTION # 298
The PRIMARY reason for periodically evaluating IT resource staffing requirements is to:
Answer: A
Explanation:
IT resource staffing requirements are the human resources needed to deliver IT services and support business objectives. Periodically evaluating IT resource staffing requirements is important to ensure the enterprise has sufficient resources to address changing business and IT needs, such as new projects, technologies, regulations, or customer expectations12. By assessing the current and future demand and supply of IT skills and competencies, the enterprise can identify any gaps or surpluses and plan accordingly to optimize IT performance and value34. The other options are not the primary reason for periodically evaluating IT resource staffing requirements, although they may be related or beneficial outcomes. Ascertaining the IT function has sufficient skilled staff to maintain daily operations, verifying that human resource recruitment and retention processes meet enterprise IT objectives, and confirming IT-related responsibilities are defined for the enterprise's business and IT staff are all part of the IT resource staffing management process, but they are not the main driver or purpose of it34. Reference:
3: https://www.aihr.com/blog/staffing-planning/
1: https://www.mckinsey.com/capabilities/people-and-organizational-performance/our-insights/the-organization-blog/the-future-of-the-workplace-embracing-change-and-fostering-connectivity
2: https://www.ccl.org/articles/leading-effectively-articles/adaptability-1-idea-3-facts-5-tips/
4: https://www.indeed.com/career-advice/career-development/staffing-plan
NEW QUESTION # 299
Your project is an agricultural-based project that deals with plant irrigation systems.
You have discovered a byproduct in your project that your organization could use to make a profit you're your organization seizes this opportunity it would be an example of what risk response?
Answer: C
Explanation:
Section: Volume A
NEW QUESTION # 300
You are the project manager of a large project that will last four years. In this project, you would like to model the risk based on its distribution, impact, and other factors.
There are three modeling techniques that a project manager can use to include both event-oriented and project oriented analysis. Which modeling technique does NOT provide event-oriented and project oriented analysis for identified risks?
Answer: D
NEW QUESTION # 301
An IT governance committee is defining a risk management policy for a portfolio of IT-enabled investments.
Which of the following should be the PRIMARY consideration when developing the policy?
Answer: B
Explanation:
The risk management policy for IT-enabled investments must reflect the enterprise's risk appetite, which defines the level of risk the organization is willing to accept. The CGEIT Review Manual 8th Edition highlights that the risk appetite is the primary consideration in developing risk management policies, as it guides decision-making and resource allocation.
Extract from CGEIT Review Manual 8th Edition (Domain 3: Risk Optimization):"The enterprise's risk appetite is the primary consideration when developing a risk management policy. It defines the acceptable level of risk for IT-enabled investments and ensures that risk management practices align with the enterprise's strategic objectives and tolerance for uncertainty." (Approximate reference: Domain 3, Section on Risk Management Policy) The risk appetite of the enterprise (option A) provides the foundation for determining how much risk is acceptable, which investments to pursue, and how to prioritize risk mitigation efforts.
Why not the other options?
B). Possible investment failures: While investment failures are a concern, they are a specific risk scenario, not the primary consideration for the policy, which should focus on the broader risk appetite.
C). Risk management framework: The framework is a tool to implement the policy, not the primary consideration for its development.
D). Value obtained with minimum risk: While value optimization is a goal, the policy must first be grounded in the enterprise's risk appetite to balance risk and reward.
References:
ISACA CGEIT Review Manual 8th Edition, Domain 3: Risk Optimization, Section on Risk Appetite and Policy Development.
ISACA CGEIT Study Guide, Chapter on Risk Management Policies.
NEW QUESTION # 302
Which of the following are the advantages of IT Resource Management? Each correct answer represents a complete solution. Choose all that apply.
Answer: A,C,D
NEW QUESTION # 303
......
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