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The CGEIT exam is a four-hour computer-based test and consists of 150 multiple-choice questions. To pass the exam, candidates must score at least 450 out of 800 points. CGEIT exam is offered at various testing centers around the world and can be taken in English, Chinese, Japanese, Korean, and Spanish.
Achieving the CGEIT certification demonstrates a professional's commitment to excellence in IT governance and their ability to provide value to their organization. It is a valuable credential for those seeking to advance their career in IT governance, risk management, and compliance. Certified in the Governance of Enterprise IT Exam certification is recognized by organizations around the world and is a testament to an individual's expertise in the field of enterprise IT governance.
NEW QUESTION # 282
Which of the following types of risks includes liability torts, property damage, natural catastrophe and financial risk?
- A. Strategic risk
- B. Operational risk
- C. Asset risk
- D. Hazard risk
Answer: D
NEW QUESTION # 283
Which of the following techniques builds various plausible views of possible futures for a business?
- A. PEST analysis
- B. SWOT Analysis
- C. Market Segmentation
- D. Scenario Planning
Answer: D
NEW QUESTION # 284
An enterprise has finalized a major acquisition and a new business strategy in line with stakeholder needs has been introduced To help ensure continuous alignment of IT with the new business strategy the CiO should FIRST
- A. establish a new IT strategy committee for the new enterprise
- B. review the existing IT strategy against the new business strategy
- C. revise the existing IT strategy to align with the new business strategy
- D. assess the IT cultural aspects of the acquired entity
Answer: B
NEW QUESTION # 285
Communicating which of the following to staff BEST demonstrates senior management's commitment to IT governance?
- A. Need for enterprise architecture (EA)
- B. Legal and regulatory requirements
- C. Approved IT investment opportunities
- D. Objectives and responsibilities
Answer: D
NEW QUESTION # 286
Which of the following is a way of delivering value to customers by facilitating outcome that customers wish to get without the control of specific costs and risks?
- A. Functions
- B. Service
- C. Processes
- D. Service Desk
Answer: B
NEW QUESTION # 287
Which of the following is the BEST indication of effective IT-business strategic alignment?
- A. Business strategy is documented to allow IT architecture to be designed quickly.
- B. Business management is involved as IT strategies are developed.
- C. IT-business collaboration results in a strategy focused on IT cost reduction.
- D. IT senior management is required to report to the board.
Answer: B
NEW QUESTION # 288
What is the PRIMARY objective for performing an IT due diligence review prior to the acquisition of a competitor?
- A. Document the competitor's governance structure.
- B. Determine whether the competitor is using industry-accepted practices.
- C. Ensure that the competitor understands significant IT risks.
- D. Assess the status of the risk profile of the competitor.
Answer: D
Explanation:
The primary objective for performing an IT due diligence review prior to the acquisition of a competitor is to assess the status of the risk profile of the competitor. IT due diligence is a process that evaluates the technology assets, capabilities, processes, and security of a target company. It helps to identify any potential risks, liabilities, gaps, or issues that could affect the value, integration, or performance of the acquisition. IT due diligence also helps to determine the synergies, opportunities, and costs of combining or separating the IT systems and resources of both companies. By conducting an IT due diligence review, the acquirer can gain a comprehensive understanding of the competitor's IT environment and make informed decisions about the deal.
Documenting the competitor's governance structure, ensuring that the competitor understands significant IT risks, and determining whether the competitor is using industry-accepted practices are not the primary objectives for performing an IT due diligence review. These are possible outcomes or benefits of the review, but they are not the main purpose or goal. The primary objective is to assess the risk profile of the competitor and its impact on the acquisition.
References := IT Due Diligence Checklist: Must-Assess Technology Elements Prior to Any Acquisition - Performance Improvement Partners Blog, Introduction section. IT Due Diligence: How to Do It Right (+ Checklist) - DealRoom, What is IT due diligence? section. IT Due Diligence | Optimising IT, Introduction section. Reviewing It In Due Diligence, Overview section.
NEW QUESTION # 289
Shawn is the project manager of the WHT Project for his company. In this project Shawn's team reports that they have found a way to complete the project work for less cost than
what was originally planned. The project team presents a new software that will help to automate the project work. While the software and the associated training costs $25,000 it will save the project nearly $65,000 in total costs. Shawn agrees to the software and changes to the project management plan accordingly. What type of risk response has been used in this instance?
- A. Accepting
- B. Avoidance
- C. Enhancing
- D. Exploiting
Answer: D
NEW QUESTION # 290
Which of the following activity loops describes creation of new processes?
- A. Loop 3
- B. Loop 4
- C. Loop 2
- D. Loop 1
Answer: A
NEW QUESTION # 291
Which of the following is the BEST way for an organization to minimize the difference between expected and delivered services when acquiring resources?
- A. Require quarterly benefits realization reporting
- B. Include a right-to-audit clause in the contract.
- C. Negotiate service level agreements (SLAs)
- D. Measure service delivery using industry benchmarks
Answer: C
NEW QUESTION # 292
Which of the following is a non repetitive set of tasks that lead to the achievement of a new objective?
- A. Strategy
- B. Plan
- C. Tactics
- D. Techniques
Answer: B
NEW QUESTION # 293
A newly hired IT director of a large international enterprise has been asked to provide periodic updates regarding IT risk to the board. Which of the following is the MOST effective way to initially address this request?
- A. Schedule quarterly meetings to discuss all open IT risks.
- B. Include key IT risks in a dashboard submitted to the board quarterly.
- C. Submit a register of all IT audit findings to board members monthly.
- D. Include a complete IT risk register in the monthly letter given to each board member.
Answer: B
Explanation:
According to the ISACA paper on Tactics for Effectively Communicating Cybersecurity Risk to Boards of Directors1, the most effective way to initially address the request of providing periodic updates regarding IT risk to the board is to include key IT risks in a dashboard submitted to the board quarterly. A dashboard is a visual tool that can help the board members quickly understand the current status and trends of IT risk, as well as the actions taken or planned to mitigate them. A dashboard should be concise, clear, consistent and relevant, and should highlight the most significant IT risks that could impact the enterprise's objectives and performance. A dashboard should also align with the enterprise's risk appetite and tolerance, and provide recommendations for improvement or escalation. The other options are not as effective as a dashboard, as they may be too detailed, too frequent, too narrow or too reactive for the board's needs.
NEW QUESTION # 294
An enterprise's service center is experiencing long delays in fulfilling! T service requests and very low customer satisfaction. The BEST way to determine if staff competency is the root cause of these performance problems is to compare required staff competencies with:
- A. training program completions.
- B. current skills inventory.
- C. hiring and staffing practices.
- D. certification requirements.
Answer: B
Explanation:
The best way to determine if staff competency is the root cause of the performance problems is to compare the required staff competencies with the current skills inventory of the service center staff. This will help identify any gaps or mismatches between what is expected and what is available in terms of skills and knowledge. References: CGEIT Review Manual, 7th Edition, page 113.
NEW QUESTION # 295
Which of the following is the PRIMARY consideration for an enterprise when deciding whether to adopt a qualitative risk assessment method?
- A. The method provides a platform for all departments to contribute to the risk assessment.
- B. The method enables an analysis Of recommended controls.
- C. The method provides specific objective measurements of exposure.
- D. The method identifies areas to immediately address vulnerabilities.
Answer: C
Explanation:
The primary consideration for an enterprise when deciding whether to adopt a qualitative risk assessment method is:
The level of detail and accuracy required for the risk assessment.
Qualitative risk assessment is a method that uses scenarios, subjectivity, and knowledge to evaluate risks.
It does not provide specific objective measurements of exposure, but rather a relative ranking or rating of risks based on their likelihood and impact
* Qualitative risk assessment is suitable for situations where the data is scarce, uncertain, or incomplete, or where the risk assessment needs to be done quickly and easily
* However, qualitative risk assessment may also be biased, inconsistent, or inaccurate, as it depends on the judgment and experience of the risk assessors
* Therefore, an enterprise should consider the level of detail and accuracy required for the risk assessment before choosing a qualitative method.
If the enterprise needs more precise and reliable estimates of risk exposure, it may opt for a quantitative method instead1.
The other options are not the primary consideration for an enterprise when deciding whether to adopt a qualitative risk assessment method.
The method identifies areas to immediately address vulnerabilities, enables an analysis of recommended controls, and provides a platform for all departments to contribute to the risk assessment are all possible benefits or outcomes of using a qualitative risk assessment method, but they are not the main factor that influences the decision to use it.
They may also apply to other methods of risk assessment, such as quantitative or hybrid methods2.
NEW QUESTION # 296
A newly established IT steering committee is concerned whether a system is meeting availability objectives. Which of the following will provide the BEST information to make an assessment?
- A. Balanced scorecard
- B. Performance indicators
- C. Capability maturity levels
- D. Critical success factors (CSFs)
Answer: B
NEW QUESTION # 297
An enterprise recently implemented a significant change in its business strategy by moving to a technologically advanced product with considerable impact on the business. What should be the FINAL step in completing the changes to IT processes?
- A. Updating the configuration management database (CMDB)
- B. Empowering the business to embrace the changes
- C. Ensuring a return to stabilized business operations
- D. Updating the enterprise architecture (EA)
Answer: C
Explanation:
According to the web search results, IT change management is the process of tracking and managing a change throughout its entire life cycle, from start to closure, with the aim to minimize risk1. One of the steps in the IT change management process is to collect and analyze data, quantify gaps and understand resistance, and modify the plan as needed2. The final step in completing the changes to IT processes is to ensure a return to stabilized business operations, which means that the change has been successfully implemented and the expected benefits have been realized3. This step also involves closing the change request, documenting the lessons learned, and celebrating the achievements4.
The other options are not the final step in completing the changes to IT processes, but rather intermediate steps that occur before or during the change implementation. Updating the configuration management database (CMDB) is a step that occurs during the change implementation, as it involves recording and tracking the changes made to the IT assets and services. Empowering the business to embrace the changes is a step that occurs before and during the change implementation, as it involves providing communication, training, and support to help the stakeholders adopt and adapt to the changes. Updating the enterprise architecture (EA) is a step that occurs before or during the change implementation, as it involves aligning the IT strategy, processes, and systems with the business goals and requirements.
References: 1: IT change management: A comprehensive guide - ManageEngine1 2: What is Change Management? Organizational, Process, Definition ... - ASQ3 3: The Evolution of IT Change Management | Atlassian2 4: What is IT Change Management? - ServiceNow4 : What is Configuration Management Database (CMDB)? | ServiceNow : What is Organizational Change Management? | Prosci : What is Enterprise Architecture? | Gartner
NEW QUESTION # 298
Which of the following is the MOST important reason to include internal audit as a stakeholder when establishing clear roles for the governance of IT?
- A. Internal audit is accountable for the overall enterprise governance of IT.
- B. Internal audit has knowledge and technical expertise to advise on IT infrastructure.
- C. Internal audit implements controls over IT risks and security.
- D. Internal audit provides input on relevant issues and control processes.
Answer: D
NEW QUESTION # 299
Which of the following frameworks describes a standard for processes within business information management at the strategy, management and operations level?
- A. Val IT
- B. BISL
- C. TOGAF
- D. COBIT
Answer: B
NEW QUESTION # 300
Which of the following should be done FIRST when designing an IT balanced scorecard?
- A. Communicate to stakeholders
- B. Develop key performance indicators (KPIs).
- C. Analyze the business strategy.
- D. Review the IT resource plan.
Answer: C
NEW QUESTION # 301
The use of an IT balanced scorecard enables the realization of business value of IT through:
- A. vision and alignment with corporate programs.
- B. outcome measures and performance drivers.
- C. financial measures and investment management.
- D. business value and control mechanisms.
Answer: B
Explanation:
The use of an IT balanced scorecard enables the realization of business value of IT through outcome measures and performance drivers. Outcome measures are the indicators of the results or consequences of the IT activities, such as customer satisfaction, revenue growth, or market share. Performance drivers are the factors that influence or contribute to the outcome measures, such as process efficiency, quality, or innovation. By using an IT balanced scorecard, the organization can link the outcome measures and performance drivers to the IT objectives, strategies, and actions, and monitor and evaluate how well IT delivers value to the business
NEW QUESTION # 302
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