CGEIT Risk Optimization Practice Question
An IT project is identified as having a high inherent risk that exceeds the board-approved appetite. The project is critical for competitive advantage. Which approach is most appropriate?
Answer choices
Why each option matters
Answer the question above first, then reveal the full breakdown to understand why each option is right or wrong.
Correct answer & explanation
✓
Present a business case to the board for formal risk acceptance with compensatory controls.
Governance allows for risk acceptance at the appropriate level if the business value is high.
Answer analysis
Option-by-option breakdown
For each option: why learners choose it and why it is or isn't the right answer here.
- ✓
Present a business case to the board for formal risk acceptance with compensatory controls.
Why this is correct
This follows the governance process of accountability and board-level oversight for high-risk strategic decisions.
- ✗
Implement excessive controls regardless of project cost.
Why it's wrong here
This would likely destroy the project's return on investment.
- ✗
Direct the IT team to lower the risk by reducing project scope.
Why it's wrong here
Changing scope without board input risks failing to meet the original business objective.
- ✗
Cancel the project immediately to maintain compliance.
Why it's wrong here
Canceling ignores the potential strategic value; governance is about balanced decision-making.
About these practice questions
This CGEIT question is part of Courseiva's 214-question bank — original exam-style content with full explanations and wrong-answer analysis, never real exam questions or exam dumps. Learn why practice questions differ from exam dumps →
JA
Written and reviewed by Johnson Ajibi, MSc IT Security
Senior Network & Security Engineer · founder of Courseiva
Last reviewed August 2026 · checked against the official ISACA exam blueprint
This CGEIT practice question is part of Courseiva's free ISACA certification practice question bank. Courseiva provides original exam-style practice questions with explanations, topic-based practice, mock exams, readiness tracking, and study analytics to help learners prepare for the CGEIT exam.