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Best Quality ISACA CGEIT Exam Questions
NEW QUESTION # 201
Which of the following groups should approve the implementation of new technology?
- A. Program management office
- B. IT steering committee
- C. IT audit department
- D. Portfolio management office
Answer: B
Explanation:
An IT steering committee is a group of senior executives who are responsible for directing, reviewing, and approving IT strategic plans, overseeing major initiatives, and allocating resources. They are the most appropriate group to approve the implementation of new technology, as they can ensure that it aligns with the organization's vision, mission, goals, and objectives. They can also evaluate the business case, risks, benefits, and alternatives of the new technology and provide guidance and support to the IT team. According to one of the web search results1, "the steering committee establishes IT priorities for the business as a whole." References := What is an IT Steering Committee? - BMC Software | Blogs
NEW QUESTION # 202
Jeff works as a project manager for BlueWell Inc. He is determining which risks can affect the project. Which of the following are the inputs to the identify risks process that Jeff will use to accomplish the task? Each correct answer represents a complete solution.
Choose all that apply.
- A. Scope baseline
- B. Risk management plan
- C. Activity cost estimates
- D. Risk register
Answer: A,B,C
Explanation:
Section: Volume B
NEW QUESTION # 203
A CIO has recently been made aware of a new regulatory requirement which may affect IT-enabled business activities. Which of the following should be the CIO's FIRST step in deciding the appropriate response to the new requirement?
- A. Confirm there are adequate resources to mitigate compliance requirements.
- B. Revise initiatives that are active to reflect the new requirements.
- C. Consult with the board for guidance on the new requirement.
- D. Consult with legal and risk experts to understand the requirements.
Answer: A
NEW QUESTION # 204
Which of the following is the MOST effective way to manage risks within the enterprise?
- A. Assign individuals responsibilities and accountabilities for management of risks.
- B. Provide financial resources for risk management systems.
- C. Document procedures and reporting processes.
- D. Make staff aware of the risks in their area and risk management techniques.
Answer: A
Explanation:
Assigning individuals responsibilities and accountabilities for management of risks is the most effective way to manage risks within the enterprise, as it ensures that the risk owners and stakeholders are clearly identified, involved, and accountable for the risk management activities and outcomes. Assigning responsibilities and accountabilities also helps to establish roles and expectations, delegate authority, and monitor performance and compliance12. References := CGEIT Exam Content Outline, Domain 4, Subtopic B: IT Risk Management, Task 2: Ensure that appropriate senior level management sponsorship for IT risk management exists.
NEW QUESTION # 205
Which conduct stakeholder analysis technique is useful for identifying shared characteristics of a stakeholder group?
- A. Surveys
- B. Interviews
- C. Scope modeling
- D. Brainstorming
Answer: A
NEW QUESTION # 206
As part of the implementation of IT governance, the board of an enterprise should establish an IT strategy committee to:
- A. ensure IT risks inherent in the enterprise strategy implementation are managed
- B. assume governance accountability for the business strategy on behalf of the board
- C. provide input to and ensure alignment of the enterprise and IT strategies.
- D. drive IT strategy development and take responsibility for implementing the IT strategy.
Answer: C
Explanation:
As part of the implementation of IT governance, the board of an enterprise should establish an IT strategy committee to provide input to and ensure alignment of the enterprise and IT strategies, because this would enable the board to oversee and direct the IT function in a way that supports the enterprise's vision, mission, goals, and objectives. The IT strategy committee should consist of board members and senior executives who have a stake in the IT performance and value delivery, and who can communicate and coordinate with other board committees and business units. The IT strategy committee should also review and approve the IT strategic plan, monitor the IT performance and outcomes, and ensure the alignment of IT resources and capabilities with the enterprise's needs and expectations1 . References := ISACA, CGEIT Review Manual, 7th Edition, 2019, page 19-20.
NEW QUESTION # 207
Which of the following should be the ClO's GREATEST consideration when making changes to the IT strategy'?
- A. Has the impact to the enterprise architecture (EA) been assessed?
- B. Have IT risk metrics been adjusted?
- C. Have key stakeholders been consulted?
- D. Has the investment portfolio been revised?
Answer: C
Explanation:
The CIO's greatest consideration when making changes to the IT strategy should be whether key stakeholders have been consulted, because they are the ones who are affected by and involved in the IT strategy. Key stakeholders include the business functions, customers, suppliers, partners, regulators, and employees who depend on or contribute to the IT value delivery1. Consulting key stakeholders helps to ensure that the IT strategy is aligned with the business strategy and objectives, and that it meets the needs and expectations of the stakeholders2. Consulting key stakeholders also helps to solicit feedback and suggestions for improvement, and to gain buy-in and support for the IT strategy3. Consulting key stakeholders also helps to identify and manage any risks, issues, or opportunities that may arise from the IT strategy changes4.
References := IT Strategy: What is it?, How to create an effective IT strategy in 2022, IT Strategy Stakeholder Engagement, IT Strategy: A 3-step Plan.
NEW QUESTION # 208
A project manager must have certain interpersonal skills to communicate with stakeholders and manage their expectations of the project work. Which of the following interpersonal skills has been identified as one of the biggest reasons for project success or failure?
- A. Influencing
- B. Communication
- C. Political and cultural awareness
- D. Motivation
Answer: B
NEW QUESTION # 209
In which of the following methods of risk mitigation does the senior management approve the implementation of the controls that are recommended by the risk management team, and that will lower the risk to an acceptable level?
- A. Risk Limitation
- B. Risk Avoidance
- C. Risk Transference
- D. Risk Alleviation
Answer: D
NEW QUESTION # 210
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?
- A. Moving all high-risk and medium-risk data backups to cloud storage
- B. Revalidating the organization's risk tolerance and re-aligning the retention policy
- C. Redefining the retention policy to align with industry best practices
- D. Requiring that all business cases contain data deletion and retention plans
Answer: B
Explanation:
Revalidating the organization's risk tolerance and re-aligning the retention policy is the best option to ensure the optimization of retention costs, because it can help the organization balance the trade-off between the benefits and costs of data retention. By revalidating the risk tolerance, the organization can identify the optimal level of data retention that minimizes the exposure to legal, regulatory, and operational risks, while also reducing the storage and management costs. By re-aligning the retention policy, the organization can ensure that the data retention practices are consistent with the risk tolerance and reflect the current business needs and objectives. A re-aligned retention policy can also help the organization comply with data retention laws and regulations, avoid unnecessary data hoarding, and improve data quality and accessibility. References
:= Data Retention Policy 101: Best Practices, Examples & More - Intradyn, Data Retention 101: Policies and Best Practices | Egnyte, Best Practices for Data Retention and Policy Creation Will Optimize Storage Management, Data Retention Policy: Crafting Strategy for Compliance and Access
NEW QUESTION # 211
Which of the following terms includes performance objectives and criteria (POCs), performance indicators, and any other means that evaluate the success in achieving a specified goal?
- A. Performance Measurement Category
- B. Performance Measurement System
- C. Precision
- D. Performance Measure
Answer: D
NEW QUESTION # 212
Once the strategic vision has been established, which of the following would be the BEST activity for supporting the implementation of performance measures?
- A. Document policy requirements
- B. Identify key performance indicators (KPIs).
- C. Monitor service level performance.
- D. Document strengths, weaknesses, opportunities, and threats.
Answer: B
Explanation:
Key performance indicators (KPIs) are measurable values that demonstrate how effectively an organization is achieving its key business objectives1. KPIs help to track and evaluate the progress and success of a strategy, and to communicate the results to the relevant stakeholders2. Once the strategic vision has been established, identifying KPIs would be the best activity for supporting the implementation of performance measures, because they provide a clear and quantifiable way to measure the performance of the strategy against the vision3. KPIs should be aligned with the strategic vision, relevant to the business context, specific, measurable, achievable, realistic, and time-bound4.
References :=
What is a Key Performance Indicator (KPI)? | Klipfolio
Key Performance Indicators (KPIs) - Definition, Types & Examples
How to Develop Key Performance Indicators - Strategy Management Group
How to Set SMART KPIs for Your Business - The Balance Small Business
NEW QUESTION # 213
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?
- A. Opportunistic
- B. Exploiting
- C. Enhancing
- D. Positive
Answer: B
NEW QUESTION # 214
Which of the following would be the MOST effective way to ensure IT capabilities are appropriately aligned with business requirements for specific business processes?
- A. Requiring architecture and design reviews with business process stakeholders
- B. Establishing key performance indicators {KPIs)
- C. Issuing a management mandate that IT and business process stakeholders work together
- D. Requiring Internal IT architecture and design reviews
Answer: A
Explanation:
Architecture and design reviews are an effective way to ensure that IT solutions are aligned with the business requirements and objectives for specific business processes. By involving the business process stakeholders in these reviews, IT can gain a better understanding of the business needs, expectations, and constraints, as well as receive feedback and validation from the end users. This can help to avoid miscommunication, gaps, or conflicts between IT and business, and ensure that the IT capabilities are fit for purpose and deliver value to the business. References := CGEIT Review Manual, 27th Edition, Domain 1: Governance of Enterprise IT, page 20-21.
NEW QUESTION # 215
Which of the following concepts is the business practice of developing and implementing comprehensive risk management and security practices for a firm's entire value chain?
- A. TSM
- B. BSC
- C. TOGAF
- D. TQM
Answer: A
Explanation:
Section: Volume A
NEW QUESTION # 216
Right-to-audit clauses are intended to ensure the vendor:
- A. maintains adequate budget for risk management.
- B. optimizes IT operations for service delivery
- C. aligns staff skill sets adequately.
- D. addresses compliance requirements.
Answer: D
Explanation:
Right-to-audit clauses are intended to ensure the vendor addresses compliance requirements, which means that the vendor follows the laws, regulations, standards, and contractual obligations that apply to their business activities and operations. Right-to-audit clauses give the contracting party the right to access and review the records, processes, or activities of the vendor to verify that they are complying with the relevant compliance requirements and that they are meeting the expectations and responsibilities outlined in the contract. Right-to-audit clauses also help to identify and mitigate any compliance risks or issues that may arise from the vendor's performance or conduct, and to enforce any corrective actions or remedies if needed.
References: Right To Audit Clause Guide: Examples, Gotcha's & More1, Why You Should Use a Right to Audit Clause2, The Importance of Audit Rights in Vendor Contracts - Venminde
NEW QUESTION # 217
Which of the following is MOST important for an enterprise to review when classifying information assets?
- A. Impact of information exposure
- B. Requirements for information retention.
- C. Procedures for information handling
- D. Media used for storage and backup
Answer: A
Explanation:
The impact of information exposure is the most important factor for an enterprise to review when classifying information assets, because it helps to determine the level of sensitivity and protection that the information assets require. Information assets are classified according to their confidentiality, integrity, and availability, which reflect the potential harm or loss that could result from unauthorized disclosure, modification, or destruction of the information assets. The impact of information exposure can be assessed in terms of financial, reputational, legal, operational, or strategic consequences for the enterprise and its stakeholders. The impact of information exposure can also vary depending on the context, scope, and duration of the exposure.
Therefore, by reviewing the impact of information exposure, an enterprise can assign appropriate labels and controls to its information assets, and ensure that they are handled and stored securely and appropriately.
References := Information classification according to ISO 27001, Information Asset and Security Classification Procedure, Information Classification Standard.
NEW QUESTION # 218
Which of the following MOST effectively prevents an IT system from becoming technologically obsolete before its planned return on investment (ROi)?
- A. Ensuring that the system is maintained in compliance with enterprise architecture (EA) standards
- B. Obtaining long-term support commitments from the system platform vendors)
- C. Obtaining independent assurance that the system will conform to future business requirements
- D. Requesting periodic third-party assessments of the system throughout its life
Answer: A
Explanation:
Ensuring that the system is maintained in compliance with enterprise architecture (EA) standards is the most effective way to prevent an IT system from becoming technologically obsolete before its planned return on investment (ROI), because it ensures that the system is aligned with the current and future business needs, goals, and strategies of the organization. Enterprise architecture (EA) standards define the principles, guidelines, and best practices for designing, developing, and managing IT systems in a consistent, coherent, and integrated manner across the organization. By following EA standards, IT leaders can ensure that the system is compatible with the existing and emerging technologies, platforms, and frameworks that support the business processes and functions. EA standards also help IT leaders to monitor and evaluate the performance, quality, security, and reliability of the system, and to identify and address any gaps, issues, or risks that may affect its functionality or value. EA standards also facilitate the communication and collaboration among different stakeholders involved in the system lifecycle, such as business users, IT staff, vendors, and auditors.
By maintaining the system in compliance with EA standards, IT leaders can ensure that the system delivers the expected benefits and value to the organization and achieves its planned ROI. References := ISO/IEC/IEEE
42020:2019(en), Software, systems and enterprise ? Architecture processes, Sample: Enterprise Architecture Standards - CIO Portal, Obsolescence management for IT leaders - Information Age
NEW QUESTION # 219
Which of the following is the MOST important input for designing a development program to help IT employees improve their ability to respond to business needs?
- A. Skills competency assessment
- B. Cost-benefit analysis
- C. Capability maturity model
- D. Annual performance evaluations
Answer: A
Explanation:
Explanation
NEW QUESTION # 220
A large organization with branches across many countries is in the midst of an enterprise resource planning (ERP) transformation. The IT organization receives news that the branches in a country where the impact to the enterprise is to be greatest are being sold. What should be the NEXT step?
- A. Cancel the ERP transformation and re-allocate project funds.
- B. Update the ERP business case and re-evaluate the ROI.
- C. Continue with the ERP migration according to plan.
- D. Adjust the ERP implementation plan and budget.
Answer: B
NEW QUESTION # 221
Which of the following individuals/team allocates business resources for effective IT governance?
- A. IT Strategy Committee
- B. CIO
- C. Business Executive
- D. CEO
Answer: C
NEW QUESTION # 222
An organization supports both programs and projects for various industries. What is a portfolio?
- A. A portfolio describes the organization of related projects, programs, and operations.
- B. A portfolio is the total amount of funds that have been invested in programs, projects, and operations.
- C. A portfolio describes all of the monies that are invested in the organization.
- D. A portfolio describes any project or program within one industry or application area.
Answer: A
NEW QUESTION # 223
When assessing the impact of a new regulatory requirement, which of the following should be the FIRST course of action?
- A. Assess the budget impact of the new regulation.
- B. Update affected IT policies.
- C. Map the regulation to business processes.
- D. Implement new regulatory requirements.
Answer: C
Explanation:
The first course of action when assessing the impact of a new regulatory requirement is to map the regulation to business processes. This means identifying and analyzing which business processes are affected by the new regulation, how they are affected, and what changes are needed to comply with the regulation1. Mapping the regulation to business processes helps to understand the scope, complexity, and priority of the regulatory compliance project, and to align the IT and business objectives and strategies1. It also helps to identify the stakeholders, roles, responsibilities, and risks involved in the compliance process, and to communicate and coordinate with them effectively1. The other options are not as important as mapping the regulation to business processes, as they are dependent on the outcome of this step. Updating affected IT policies, assessing the budget impact of the new regulation, and implementing new regulatory requirements are subsequent steps that should be done after mapping the regulation to business processes2. References: How to Map Regulations to Business Processes. CGEIT Certification | Certified in Governance of Enterprise IT | ISACA.
NEW QUESTION # 224
A large enterprise has decided to use an emerging technology that needs to be integrated with the current IT infrastructure. Which of the following is the BEST way to prevent adverse effects to the enterprise resulting from the new technology?
- A. Develop key performance indicators (KPIs).
- B. Implement service level agreements (SLAs)
- C. Develop key risk indicators (KRIs).
- D. Update the risk appetite statement
Answer: C
Explanation:
The best way to prevent adverse effects to the enterprise resulting from the new technology is to develop key risk indicators (KRIs), because they are metrics that measure the potential impact and likelihood of the risks associated with the new technology, and provide early warning signals for taking corrective actions. KRIs can help the enterprise to monitor and manage the risks of integrating the new technology with the current IT infrastructure, and to ensure that the expected benefits and value are realized12. References := ISACA, CGEIT Review Manual, 7th Edition, 2019, page 75-76.
NEW QUESTION # 225
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