CGEIT Practice Test 3 — 10 Questions

Question 1

Which TWO elements should be included in a business case report to the executive team?

Accepted Answer

The key risks and potential mitigations.. Executives need to see the value (ROI) and the risks associated with the investment.

Answer

The list of names of all developers.

Answer

The daily project status meeting minutes.

Answer

The server hardware configuration details.

Question 2

What is the primary purpose of a Post-Implementation Review (PIR) in the context of benefits realization?

Accepted Answer

To verify if the expected benefits have been achieved and identify lessons learned.. The PIR confirms whether the benefits identified in the business case were actually achieved after the project is complete.

Answer

To ensure the system meets all security standards.

Answer

To finalize the payment for external contractors.

Answer

To evaluate the performance of the project manager.

Question 3

A project is expected to deliver cost savings through automation. Which metric is the best indicator of this benefit?

Accepted Answer

The reduction in manual labor hours per transaction.. The reduction in labor hours or headcount cost is a direct measure of automation benefits.

Answer

The number of users trained on the new system.

Answer

The number of systems upgraded.

Answer

The total budget spent on software licenses.

Question 4

Which of the following is an example of a financial benefit?

Accepted Answer

Reduced annual operating expenses due to process automation.. Financial benefits are those that directly impact the organization's bottom line.

Answer

Enhanced brand reputation.

Answer

Improved employee morale.

Answer

Increased customer satisfaction scores.

Question 5

When establishing a Benefits Management Plan, which stakeholder group is primarily responsible for the ultimate realization of the benefits identified in the business case?

Accepted Answer

The Business Process Owners.. While IT delivers the capability, the business owners or operational managers are the ones who must change their processes and behaviors to realize the projected benefits.

Answer

The Project Management Office (PMO) Manager.

Answer

The Chief Information Officer (CIO).

Answer

The Enterprise Architect.

Question 6

The IT steering committee is evaluating a high-cost digital transformation project. What should the committee prioritize to ensure strategic alignment?

Accepted Answer

The business value proposition and contribution to organizational goals.. The primary role of the steering committee is to ensure the project supports the enterprise's strategic objectives.

Answer

The potential for technical debt reduction.

Answer

The specific vendor selection process used for the software purchase.

Answer

Detailed technical architectural specifications.

Question 7

An organization is failing to achieve the expected ROI on IT investments. Which governance mechanism is most likely missing?

Accepted Answer

An IT Steering Committee focused on value realization.. The IT Steering Committee is responsible for reviewing and approving business cases, ensuring projects are prioritized based on value and ROI.

Answer

Regular penetration testing.

Answer

A robust incident management process.

Answer

Standardized server configurations.

Question 8

A newly appointed CIO is integrating COBIT 2019 into the existing governance framework. Which action best ensures that the governance system is dynamic?

Accepted Answer

Customizing the governance system based on the enterprise's unique design factors.. COBIT 2019 focuses on the design factor of a dynamic system, emphasizing the need for regular updates to governance components based on changes in enterprise strategy.

Answer

Focusing solely on the 'Ensure Governance Framework Setting and Maintenance' objective.

Answer

Implementing all 40 governance and management objectives immediately.

Answer

Adopting the framework exactly as published in the COBIT core publication.

Question 9

A firm is experiencing 'governance drift' where IT initiatives are no longer aligned with corporate strategy. Which action should the governance committee take first?

Accepted Answer

Perform a review of business strategy and IT design factors.. The first step in addressing governance drift is to re-evaluate the strategic goals and determine if the governance framework needs re-designing to accommodate changes.

Answer

Replace the existing CIO.

Answer

Conduct an audit of all current IT projects.

Answer

Increase the IT budget to support more initiatives.

Question 10

An organization is integrating IT risk management into its enterprise governance framework. Which approach best ensures that IT risk is treated as a component of enterprise risk?

Accepted Answer

Establishing a common risk taxonomy shared between the IT risk and Enterprise Risk Management (ERM) functions.. Integrating IT risk into the enterprise risk framework ensures visibility for the board and alignment with business objectives, rather than treating it as a siloed technical concern.

Answer

Implementing a standalone IT risk registry managed only by the CISO.

Answer

Focusing exclusively on technical vulnerabilities in the IT asset inventory.

Answer

Delegating all IT risk assessments to the IT infrastructure team.