Here you have the best Isaca CGEIT practice exam questions
Which of the following should be the PRIMARY consideration for an enterprise when prioritizing IT projects?
When prioritizing IT projects, the primary consideration for an enterprise should be the impact on the business due to expected project outcomes. This is because the ultimate goal of IT projects is to support and enhance business objectives and strategies. Ensuring that IT projects align with business goals and deliver tangible benefits is crucial for the overall success and growth of the organization.
Senior management finds that too many projects are currently in-progress and all are experiencing expensive project overruns due to lack of resources. Many of the projects also appear to overlap in their objectives and expected outcomes.
Which of the following would BEST streamline the process of evaluating and selecting funding priorities?
The best way to streamline the process of evaluating and selecting funding priorities is to implement portfolio management. Portfolio management involves selecting and managing a collection of projects based on their alignment with strategic objectives, assessing the benefits, costs, and risks, and ensuring that resources are allocated efficiently. This approach addresses the issues of having too many projects in-progress, resource shortages, and overlapping objectives, as it prioritizes projects that best support the organization’s strategic goals.
The CEO of a large enterprise has announced the commencement of a major business expansion that will double the size of the organization. IT will need to support the expected demand expansion. The CIO should FIRST:
When a significant business expansion is announced, the CIO's primary responsibility is to ensure that the IT strategy is aligned with the new business objectives. Updating the IT strategic plan is crucial because it will guide all subsequent actions and decisions, including resource allocation, recruitment, and any organizational adjustments. This update will help identify potential gaps and requirements in the current IT capabilities, ensuring that IT initiatives are aligned with the expansion goals. All other actions, such as reviewing the resource utilization matrix or recruiting additional resources, come after the strategic alignment is established.
Portfolio management in a large enterprise BEST enables which of the following?
Portfolio management in a large enterprise primarily focuses on value creation. This involves selecting and managing a portfolio of projects and initiatives that are aligned with the enterprise's strategic objectives, ensuring that resources are allocated effectively to maximize return on investments, and driving overall organizational success. By optimizing the selection and prioritization of projects, portfolio management seeks to deliver the highest possible value to the organization.
Which of the following BEST defines the IT investment activities an enterprise will undertake when aligning to business goals?
Portfolio management involves the strategic selection, prioritization, and management of IT investments to align with business goals and objectives. It ensures that IT projects are evaluated and selected based on their alignment with the organization's goals, their potential return on investment, and their overall impact on the organization. By managing IT investments as a portfolio, enterprises can optimize resource allocation, manage risks, and maximize the value delivered to the organization.