An enterprise is evaluating a Software as a Service (SaaS) solution to support a core business process. There is no outsourcing governance or vendor management in place. What should be the CEO's FIRST course of action?
Correct Answer: B
Question 337
The BEST way to ensure an IT steering committee meets enterprise objectives is to:
Correct Answer: D
According to the web search results, the best way to ensure an IT steering committee meets enterprise objectives is to have key business stakeholders represented on the committee. This is because business stakeholders are the ones who define and own the enterprise objectives, and who can provide the strategic direction, guidance, and support for IT initiatives that align with these objectives. Having key business stakeholders represented on the committee can help to ensure that IT decisions are made in the best interest of the enterprise, and that IT projects deliver value and benefits to the business12. The other options are less effective than option D, as they do not address the alignment and integration of IT and business objectives. Requiring a member of the committee to have IT governance expertise may be helpful, but not sufficient, to ensure that the committee meets enterprise objectives. IT governance expertise is not a substitute for business knowledge and involvement. Benchmarking against industry best practices may be useful, but not necessary, to ensure that the committee meets enterprise objectives. Industry best practices may not always suit the specific needs and context of the enterprise. Establishing key performance indicators (KPIs) may be important, but not enough, to ensure that the committee meets enterprise objectives. KPIs are metrics that measure the performance and outcomes of IT projects and processes, but they do not guarantee that these projects and processes are aligned with the enterprise objectives. References := What is an IT Steering Committee? - BMC Software | Blogs IT Governance Committee - The Role and Importance of ... - Exceeders
Question 338
Which of the following is MOST important to include in IT governance reporting to the board of directors?
Correct Answer: A
According to the ISACA paper on IT Governance Reporting1, the most important information to include in IT governance reporting to the board of directors is the critical risks that IT faces or poses to the enterprise. Critical risks are those that have a high likelihood and impact, and that could threaten the achievement of the enterprise's strategy, objectives and goals. Critical risks could include cyberattacks, data breaches, regulatory compliance violations, IT project failures, IT service disruptions, IT resource shortages, etc. The board of directors should be aware of the critical risks, as well as the actions taken or planned to mitigate them. The other options are not as important as critical risks, as they are more related to the operational or tactical aspects of IT, rather than the strategic or governance aspects.
Question 339
A project team member has just identified a new project risk. The risk event is determined to have significant impact but a low probability in the project. Should the risk event happen it'll cause the project to be delayed by three weeks, which will cause new risk in the project. What should the project manager do with the risk event?
Correct Answer: A
Question 340
What business analysis element tries to identify as many potential options as possible to meet the business objectives and fill identified gaps in capabilities?
