[Q157-Q171] Get Special Discount Offer on CGEIT Dumps PDF [UPDATED Feb-2025] : Latest Exam Prep : http://certify.vceprep.com

NEW QUESTION 157
An enterprise has launched a critical new IT initiative that is expected to produce substantial value. Which of the following would BEST facilitate the reporting of benefits realized by the IT investment to the board?

Balanced scorecard

Milestone chart

Performance management

NEW QUESTION 158
A high-tech enterprise is concerned that leading competitors have been successfully recruiting top talent from the enterprise’s research and development business unit.
What should the leadership team mandate FIRST?

A SWOT analysis

An incentive and retention program

A root cause analysis

An aggressive talent acquisition program

NEW QUESTION 159
Which of the following roles has PRIMARY accountability for the security related to data assets?

Database administrator

Data owner

Data analyst

Security architect

NEW QUESTION 160
An enterprise embarked on an aggressive strategy requiring the implementation of several large IT projects impacting multiple business processes across all departments. Initially employees were supportive of the strategy, but there is growing fatigue and frustration with the ongoing new capabilities which must be learned.
Which of the following would be the BEST action performed by senior management?

Incorporate an organizational change management program.

Establish “Reward and Recognition” efforts to boost employee morale.

Improve the system development life cycle (SDLC) process.

Assess current business and IT competencies.

NEW QUESTION 161
A new CIO has been charged with updating the IT governance structure. Which of the following is the MOST important consideration to effectively influence organizational and process change?

Obtaining guidance from consultants

Aligning IT services to business processes

Redefining the IT risk appetite

Ensuring the commitment of stakeholders

NEW QUESTION 162
The CIO of a financial and insurance company is considering the projects and portfolio for the coming year Which of the following projects is a non-discretionary project?

Data center relocation

Compliance with statutory regulations

Actuarial application system analysis and design

Core banking applications scalability assessment

NEW QUESTION 163
Which of the following is MOST important to include in IT governance reporting to the board of directors?

Critical risks

Technology cost savings

Threat landscape

Security events

NEW QUESTION 164
A recent benchmarking analysis has indicated an IT organization is retaining more data and spending significantly more on data retention than its competitors. Which of the following would BEST ensure the optimization of retention costs?

Requiring that all business cases contain data deletion and retention plans

Revalidating the organization’s risk tolerance and re-aligning the retention policy

Moving all high-risk and medium-risk data backups to cloud storage

Redefining the retention policy to align with industry best practices

NEW QUESTION 165
Which of the following IT governance actions would be the BEST way to minimize the likelihood of IT failures jeopardizing the corporate value of an IT-dependent organization?

Implement an IT risk management framework.

Install an IT continuous monitoring solution.

Define IT performance management measures.

Benchmark IT strategy against industry peers.

The best IT governance action to minimize the likelihood of IT failures jeopardizing the corporate value of an IT-dependent organization is to implement an IT risk management framework. An IT risk management framework is a set of policies, processes, and tools that help identify, analyze, evaluate, treat, monitor, and communicate the IT risks that may affect the achievement of the organization’s objectives and goals. An IT risk management framework can help reduce the probability and impact of IT failures, such as system outages, data breaches, cyberattacks, or project delays, by implementing appropriate controls and mitigation strategies. An IT risk management framework can also help align the IT risks with the organization’s risk appetite and tolerance, as well as ensure compliance with regulations and standards. What is IT Risk Management? | RSA provides an overview of IT risk management and its benefits.
Installing an IT continuous monitoring solution, defining IT performance management measures, and benchmarking IT strategy against industry peers are also useful IT governance actions, but they are not the best way to minimize the likelihood of IT failures. Installing an IT continuous monitoring solution is a process that uses software tools or systems to collect, analyze, and report on IT performance and compliance data, such as availability, reliability, security, or efficiency. Installing an IT continuous monitoring solution can help detect and respond to IT failures in a timely and effective manner, as well as improve the visibility and accountability of IT operations. Defining IT performance management measures is a task that involves selecting and defining the metrics that measure the achievement of specific goals or objectives for IT processes, systems, or services. Defining IT performance management measures can help evaluate and communicate the effectiveness and efficiency of IT operations, services, and projects, as well as their contribution to business value and customer satisfaction. Benchmarking IT strategy against industry peers is a technique that involves comparing and contrasting the IT practices, capabilities, or outcomes of an organization with those of its competitors or similar organizations. Benchmarking IT strategy against industry peers can help identify and adopt best practices or innovations for IT governance and management, as well as assess the strengths and weaknesses of the organization’s IT performance.

NEW QUESTION 166
A company is considering selling products online, and the CIO has been asked to advise the board of directors of potential problems with this strategy. Which of the following is the ClO’s BEST course of action?

Review the security framework.

Conduct a return on investment (ROI) analysis.

Review the enterprise architecture (EA).

Perform a risk assessment.

NEW QUESTION 167
Which of the following is the MOST important benefit of effective IT governance reporting?

The enterprise balanced scorecard is aligned with IT dashboards.

Business executives better understand IT’s value contribution to the enterprise

IT key performance indicators (KPIs) are included in the enterprise-level KPI dashboard.

IT processes are improved in line with business requirements.

NEW QUESTION 168
The CEO of a large enterprise has announced me commencement of a major business expansion that will double the size of the organization. IT will need to support the expected demand expansion. What should the CIO do FIRST?

Review the resource utilization matrix.

Recruit IT resources based on the expansion decision.

Embed IT personnel in the business units.

Update the IT strategic plan to align with the decision.

NEW QUESTION 169
The responsibility for the development of a business continuity plan (BCP) is BEST assigned to the:

business risk manager.

business owner.

chief executive officer (CEO).

IT systems owner.

NEW QUESTION 170
When preparing a new IT strategic plan for board approval, the MOST important consideration is to ensure the plan identifies:

roles and responsibilities that link to IT objectives.

specific resourcing requirements for identified IT projects.

frameworks that will be aligned to IT programs.

implications of the strategy on the procurement process.

NEW QUESTION 171
Which of the following techniques seeks to identify the similarities and differences between the groups of customers or users?

Market Segmentation

PEST Analysis

SWOT Analysis

Scenario Planning