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NEW QUESTION # 211
CORRECT TEXT
Fill in the blank with an appropriate phrase.
_________is the study of how the variation (uncertainty) in the output of a mathematical model can be apportioned, qualitatively or quantitatively, to different sources of variation in the input of a model
Answer:
Explanation:
Sensitivity analysis
NEW QUESTION # 212
You work as a project manager for BlueWell Inc. There has been a delay in your project work that is adversely affecting the project schedule. You decided, with your stakeholders' approval, to fast track the project work to get the project done faster. When you fast track the project which of the following are likely to increase?
- A. Risks
- B. Quality control concerns
- C. Human resource needs
- D. Costs
Answer: A
NEW QUESTION # 213
The entry points to Service Strategy are referred to as "the Four Ps". They identify the different forms a service strategy may take. Which of the following is a correct list of the 'Four Ps'?
- A. People, Potential, Products, and Performance
- B. Perspective, Position, Plan, and Pattern
- C. People, Products, Partners, and Profit
- D. Potential, Preparation, Performance, and Profit
Answer: B
NEW QUESTION # 214
Which of the following stages of the Forrester's IT Governance Maturity Model describes that the IT governance processes are applied across the enterprise where all business units/entities conform to the same set of IT governance processes, and IT investment decisions are based on the enterprise view?
- A. Stage 1-Ad hoc
- B. Stage 3-Consistent
- C. Stage 4-Best practices
- D. Stage 2-Fragmented
Answer: B
NEW QUESTION # 215
An enterprise is assessing whether to utilize wearable technology. The enterprise has no prior experience with this technology and has asked the chief technology officer (CTO) to assess the impact to the enterprise. The CTO should FIRST:
- A. understand the enterprise's risk tolerance.
- B. create an IT risk scorecard.
- C. prioritize wearable technology risk.
Answer: A
NEW QUESTION # 216
An enterprise considering implementing IT governance should FIRST develop the scope of the IT governance program and:
- A. establish initiatives for business and managers.
- B. initiate the program using an implementation roadmap.
- C. acquire the resources that will be required.
- D. communicate the program to stakeholders to gain consensus.
Answer: D
NEW QUESTION # 217
Which of the following is the BEST way to ensure the continued usefulness of IT governance reports for stakeholders?
- A. Conduct quarterly audits and adjust reporting based on findings.
- B. Issue frequent service level satisfaction surveys.
- C. Establish a standard process for providing feedback.
- D. Rely on IT leaders to advise when adjustments should be made.
Answer: C
NEW QUESTION # 218
When developing an IT governance framework, it is MOST important for an enterprise to consider:
- A. stakeholders' support.
- B. framework development cost.
- C. information technology strategy.
- D. information technology risk.
Answer: A
NEW QUESTION # 219
Which of the following problems occur with performance measurement systems that limit their usefulness?
Each correct answer represents a complete solution. Choose all that apply.
- A. It is dependent on the timely occurrence of corrective action which is required for effective management control.
- B. It is dependent on summary data, which emphasizes averages and discounts outliers.
- C. It is dependent on historical patterns and reluctant to accept new structural changes that are capable of generating different outcomes
- D. It is dependent on gross aggregates, which tend to understate or ignore distributional contributions and consequences.
Answer: B,C,D
NEW QUESTION # 220
Which of the following best describes the identification, analysis, and ranking of risks?
- A. Design of experiments
- B. Fixed-price contracts
- C. Plan Risk management
- D. Fast tracking
Answer: C
NEW QUESTION # 221
All projects that are presented in your organization must go through a board to review the return on investment, risk, and worthiness of a project. All projects are considered but not all projects are initiated. What is the name of the process that this board is completing in your organization?
- A. Project selection committee
- B. Project portfolio management
- C. Project portfolio management board
- D. Change governance
Answer: B
Explanation:
Section: Volume A
Explanation/Reference:
NEW QUESTION # 222
An enterprise is determining the objectives for an IT training improvement initiative from a governance prosoectic. it would be MOST important to ensure that:
- A. policies and processes address both enterprise requirements and professional growth
- B. several different training strategies are created for final approval by the CIO
- C. IT employees are surveyed and interviewed to identify development needs
- D. courses of instruction that will maximize employee productivity are identified
Answer: A
NEW QUESTION # 223
Which of the following roles is used to ensure that the confidentiality, integrity, and availability of the services are maintained to the levels approved on the Service Level Agreement (SLA)?
- A. The Configuration Manager
- B. The Service Level Manager
- C. The IT Security Manager
- D. The Change Manager
Answer: C
Explanation:
Section: Volume B
NEW QUESTION # 224
Which of the following is the PRIMARY benefit of communicating the IT strategy across the enterprise?
- A. Improvement in IT balanced scorecard performance
- B. Reduced organizational resistance during strategy execution
- C. Optimization of IT investment in supporting business objectives
- D. On-time and on-budget delivery of strategic projects
Answer: B
NEW QUESTION # 225
An enterprise is planning to migrate its IT infrastructure to a cloud-based solution but does not have experience with this technology. Which of the following should be done FIRST to reduce the risk of IT service disruptions when using this new technology?
- A. Implement key performance indicators (KPIs).
- B. Engage an experienced IT consultant to perform the migration.
- C. Reflect the change in the enterprise architecture (EA).
- D. Evaluate the sourcing options.
Answer: A
NEW QUESTION # 226
Which of the following components of COSO ERM framework encompasses the nature of an enterprise, and sets the basis for how risk is viewed and addressed by an organization people, including risk management philosophy and risk appetite, integrity and ethical values, and the environment in which it operates?
- A. Risk response
- B. Risk assessment
- C. Control activity
- D. Internal environment
Answer: D
NEW QUESTION # 227
Which of the following individuals/team advises on infrastructure needs and architectural design?
- A. CIO
- B. Management committee
- C. IT Strategy Committee
- D. CEO
Answer: B
NEW QUESTION # 228
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. Update the ERP business case and re-evaluate the ROI.
- B. Continue with the ERP migration according to plan.
- C. Cancel the ERP transformation and re-allocate project funds.
- D. Adjust the ERP implementation plan and budget.
Answer: A
NEW QUESTION # 229
Which of the following components work to support achievements of the enterprise's mission, strategies, and related business objectives in an internal control system? Each correct answer represents a complete solution.
Choose all that apply.
- A. Control activities
- B. Strategic alignment
- C. Risk assessment
- D. Control environment
Answer: A,C,D
Explanation:
Section: Volume B
NEW QUESTION # 230
An enterprise is undertaking a multi-year portfolio of IT initiatives to replace core accounting systems. The program management team has developed a business case and is defining a roadmap for the initiatives. Of the following, who should be responsible for defining the optimization criteria for the portfolio?
- A. Board of directors
- B. Project management office
- C. Program management team
- D. IT steering committee
Answer: C
NEW QUESTION # 231
The IT strategy formulation process consists of four steps to provide guidance to all who are involved. Which of the following steps are performed in the IT strategy formulation process? Each correct answer represents a complete solution. Choose all that apply.
- A. Evaluate changes.
- B. Decide how to get from here to there.
- C. Map out the big picture.
- D. Assess process maturity.
Answer: A,B,C
Explanation:
Section: Volume A
NEW QUESTION # 232
The board of directors of an enterprise has questioned whether the business is focused on optimizing value. The IT strategy committees BEST action to address the board's concern is to:
- A. conduct a benchmark to assess IT value relative to competitors.
- B. conduct a portfolio review to assess the benefits realization of IT investments.
- C. initiate reporting and review of key IT performance metrics.
- D. form a technology council to monitor the efficiency of project implementation.
Answer: C
NEW QUESTION # 233
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