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| Section | Weight | Objectives |
|---|---|---|
| Benefit Realization | 20% | - Business case development and management - Value delivery and benefits identification - Optimization of investments and outcomes - Benefit measurement and monitoring |
| Framework for the Governance of Enterprise IT | 25% | - Development and implementation of governance frameworks - Governance assurance and continuous improvement - Principles, concepts and components of governance - Alignment with enterprise goals and strategies |
| Risk Optimization | 20% | - Risk monitoring and reporting - Risk response and mitigation strategies - IT risk management framework - Risk identification, assessment and evaluation |
| Strategic Management | 20% | - Investment and portfolio management - IT strategy development and alignment - Enterprise architecture and technology roadmaps - Strategic planning and governance integration |
| Resource Optimization | 15% | - Resource performance and efficiency - Human, financial and infrastructure resources - Sourcing and vendor management - IT resource planning and allocation |
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NEW QUESTION # 495
Which aspect of information governance BEST enables an enterprise to avoid duplication of records and promote consistency of data?
Answer: C
Explanation:
The aspect of information governance that best enables an enterprise to avoid duplication of records and promote consistency of data is data modeling. Data modeling is the process of creating and maintaining a logical representation of the data structures, relationships, and constraints that exist in an enterprise's data sources, such as databases, applications, or systems. Data modeling can help ensure that the data is accurate, complete, and standardized across the enterprise, as well as facilitate the integration, analysis, and sharing of data. Data modeling can also help improve the data quality, security, and governance, as well as support the business processes and decisions that rely on data. What is Data Modeling? Definition & Best Practices provides an overview of data modeling and its benefits.
NEW QUESTION # 496
A strategic IT-enabled investment is failing due to unforeseen technology problems. What should be the board of directors' FIRST course of action?
Answer: D
Explanation:
The board of directors' first course of action when a strategic IT-enabled investment is failing due to unforeseen technology problems should be to assess the business risk and options. This means that the board should evaluate the impact of the technology problems on the business objectives, benefits, costs, and risks of the investment, as well as the feasibility and desirability of alternative courses of action, such as continuing, modifying, suspending, or terminating the investment. This will help the board to make an informed and rational decision based on the best available information and evidence.
NEW QUESTION # 497
An enterprise learns that some of its business divisions have been approaching technology vendors for cloud services, resulting in duplicate support contracts and underutilization of IT services. Which of the following should be done FIRST to address this issue?
Answer: B
Explanation:
The first thing that should be done to address the issue of duplicate support contracts and underutilization of IT services is to review the enterprise IT procurement policy. This is because the IT procurement policy is a document that defines the rules, guidelines, and procedures for acquiring and managing IT products and services in an organization1. A well-designed IT procurement policy can help to:
* Align IT procurement with business strategy, objectives, and priorities1
* Optimize IT spending and maximize IT value1
* Ensure IT quality, security, and compliance1
* Avoid IT duplication, waste, and inefficiency1
* Define IT roles and responsibilities and assign accountability1
By reviewing the enterprise IT procurement policy, the organization can identify and address any gaps, issues, or inconsistencies that may have led to the problem of business divisions approaching technology vendors for cloud services without proper coordination or approval. The review can also help to update and improve the IT procurement policy to reflect the current and future needs and expectations of the organization and its stakeholders. Some of the best practices for developing an effective IT procurement policy are2:
* Involve all relevant stakeholders in the policy development process
* Conduct a thorough analysis of the current and future IT requirements
* Establish clear criteria and standards for selecting and evaluating IT vendors and services
* Implement a robust approval and authorization system for IT purchases
* Incorporate risk management and contingency planning into the policy
* Communicate and educate the policy to all employees and stakeholders
* Monitor and measure the policy implementation and outcomes
The other options, re-negotiating contracts with vendors to request discounts, requiring updates to the IT procurement process, and conducting an audit to investigate utilization of cloud services are not as effective as reviewing the enterprise IT procurement policy for addressing the issue. They are more related to the implementation and execution of the IT procurement policy, rather than its design. They may also be reactive or corrective measures, rather than proactive or preventive ones. They may not address the root cause of the problem, which is the lack of a clear and comprehensive IT procurement policy that guides and governs the acquisition and management of IT products and services in the organization.
NEW QUESTION # 498
In a large enterprise, which of the following is the BEST approach to enable effective communication to senior management regarding the project status for a strategic enterprise resource management system implementation?
Answer: A
Explanation:
A steering committee involving business and IT is the best approach to enable effective communication to senior management regarding the project status for a strategic enterpriseresource management system implementation. This is because a steering committee is a group of senior executives, stakeholders, and experts who provide strategic direction, guidance, and oversight for the project1. A steering committee can help to:
Communicate the project vision, goals, benefits, and risks to senior management and other stakeholders1 Monitor and review the project progress, performance, quality, and deliverables1 Resolve any issues, conflicts, or changes that may arise during the project1 Ensure the alignment of the project with the business strategy, objectives, and priorities1 Provide support, resources, and sponsorship for the project1 A steering committee involving business and IT can ensure that both the functional and technical aspects of the project are well represented and communicated to senior management. This can help to avoid any misunderstandings, gaps, or misalignments between the business and IT perspectives. A steering committee can also facilitate effective communication among senior management, project team, and other stakeholders, and foster a collaborative and supportive environment for the project success2.
The other options, project management office with business and IT representatives, weekly project reports reviewed by business and IT management, and project status updates on the intranet are not as effective as a steering committee for enabling communication to senior management regarding the project status. A project management office is a centralized unit that provides standards, methodologies, tools, and support for project management3. A project management office can help to improve the efficiency and consistency of project delivery, but it does not have the authority or responsibility to communicate directly with senior management or influence their decisions3. Weekly project reports are documents that summarize the progress, performance, issues, and risks of a project in a given period4. Weekly project reports can help to keep senior management informed of the project status, but they may not be sufficient to address their concerns or expectations. Weekly project reports may also be too frequent or detailed for senior management who may prefer a higher-level or less frequent view of the project4. Project status updates on the intranet are web-based messages that provide information about the current state of a project5. Project status updates on the intranet can help to increase the visibility and transparency of the project status to senior management and other stakeholders, but they may not be effective in engaging them or soliciting their feedback. Project status updates on the intranet may also be overlooked or ignored by senior management who may have limited time or access to the intranet5. References := What is a Project Steering Committee? | Clarizen, How To Run An Effective Steering Committee Meeting - BrightWork, What Is a Project Management Office (PMO)? | Smartsheet, How To Write A Project Status Report: The Ultimate Guide, Project Status Update Email Sample Templates and Examples
NEW QUESTION # 499
IT Governance is used by the management to regulate the Information Systems, to accomplish its objectives. IT governance forms an integral part of corporate governance.
Which of the following elements are required to implement a good IT governance framework? Each correct answer represents a complete solution. Choose all that apply.
Answer: A,B,C
NEW QUESTION # 500
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