CGEIT Exam Dumps - Certified in the Governance of Enterprise IT Exam

 Integrating IT resource planning into enterprise strategic planning enables the enterprise to allocate resources efficiently to achieve desired goals, as it ensures that IT resources are aligned with the enterprise vision, mission, and objectives. IT resource planning also helps to identify and prioritize the IT needs and demands of the enterprise, and to allocate the appropriate resources (such as people, processes, technology, and information) to meet them123. References := CGEIT Exam Content Outline, Domain 2, Subtopic A: IT Resource Planning, Task 1: Ensure that IT resource planning is aligned with the enterprise strategic planning process.

 A balanced scorecard is a strategic management tool that measures and monitors the performance of an organization against its vision, mission, goals, and objectives. It uses four perspectives: financial, customer, internal process, and learning and growth. A balanced scorecard can help evaluate the effectiveness of IT governance by aligning IT activities with business strategies, assessing IT value delivery, identifying IT strengths and weaknesses, and facilitating continuous improvement. References := CGEIT Exam Content Outline, Domain 1: Governance of Enterprise IT, Subdomain B: Strategic Management, Task 3: Establish and maintain a framework for the governance of enterprise IT to enable the achievement of enterprise objectives.

The role that has primary accountability for the security related to data assets is the data owner. A data owner is a person who is generally in a senior company position, responsible for the categorization, protection, usage, and quality of one or more data sets1. The data owner must ensure that the information within their domain is correctly maintained across various platforms and business processes, and that it is secured from unauthorized access and misuse2. The data owner also has the authority to grant or revoke access rights to the data, and to define and enforce data security policies and standards3. Therefore, the data owner is the primary accountable role for the security related to data assets. References: Data Owners vs. Data Stewards vs. Data Custodians - CPO Magazine2, CISSP domain 2: Asset security - Infosec Resources

The best way to address the issue of duplicate purchases caused by different acquisition methods of business and IT is to establish a centralized procurement approval process. A centralized procurement approval process is a process that organizations use to obtain approval for purchases that they intend to make. The process typically involves several steps, such as identifying a need, requesting a quote, obtaining quotes, and obtaining approval from a designated authority. By centralizing the procurement approval process, the organization can avoid duplication, inconsistency, and inefficiency in purchasing decisions. A centralized procurement approval process can also help the organization to achieve the following benefits :

• Visibility and control: The organization can have a clear view of all purchase requests and transactions, and can monitor and manage the budgets, requesters, and suppliers.
• Better purchasing power: The organization can leverage its volume and history to negotiate better prices and discounts with vendors, and can establish long-term relationships with preferred suppliers.
• Standardization: The organization can implement and enforce policies and standards for data quality, security, privacy, and usage, and can create a single source of truth for purchasing information.
• Eliminates maverick spending: The organization can identify and prevent individual spending that goes against the purchasing policies or that results in duplicate or unnecessary purchases.

Therefore, establishing a centralized procurement approval process is the best way to address the issue of duplicate purchases caused by different acquisition methods of business and IT. References: Centralized vs. Decentralized Purchasing: Key Differences | Pipefy, Centralizing Procurement: What Companies Need to Consider, What is the Procurement Approval Process: Detailed Guide

 Transparency is primarily achieved through performance measurement, as it involves providing clear, accurate, and timely information about the performance of IT processes, services, and projects to the relevant stakeholders. Performance measurement can help to increase the visibility, accountability, and trustworthiness of IT activities and outcomes, and to enable informed decision-making and feedback. The other options are not as primary, as they are more related to the results or consequences of performance measurement, rather than the purpose or intention of it. References: : CGEIT Review Manual (Digital Version), Chapter 3: Benefits Realization, Section 3.3: Performance Measurement and Reporting, Subsection 3.3.1: Performance Measurement and Reporting Overview, Page 112 : CGEIT Review Manual (Digital Version), Chapter 3: Benefits Realization, Section 3.3: Performance Measurement and Reporting, Subsection 3.3.2: Performance Measurement and Reporting Process, Page 113 : Performance Measurement Metrics for IT Governance1

 This is because a risk program is a strategic initiative that requires the support and involvement of the top leaders of the enterprise. Senior management can demonstrate their commitment to the risk program by:

• Providing clear direction and guidance on the objectives, scope, and approach of the risk program
• Allocating sufficient resources, budget, and authority to the risk program team
• Communicating the importance and benefits of the risk program to all stakeholders
• Encouraging a culture of risk awareness and accountability across the enterprise
• Reviewing and approving the risk program deliverables and outcomes
• Rewarding and recognizing the achievements and contributions of the risk program team and participants

A risk management framework (A) is a tool that helps to define and implement the risk program, but it does not ensure its success without senior management commitment. Mandatory risk awareness courses for staff (B) are a way to increase the knowledge and skills of the staff regarding risk management, but they do not guarantee their engagement and participation in the risk program without senior management endorsement. A risk recognition and reporting policy © is a document that establishes the rules and procedures for identifying and communicating risks, but it does not ensure its compliance and effectiveness without senior management oversight.

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.

IT governance must be a component of enterprise governance, as it ensures that IT supports and enables the achievement of the enterprise goals and objectives. IT governance is the responsibility of the board of directors and executive management, and it is an integral part of enterprise governance123. IT governance also aligns IT with the enterprise strategy, delivers value from IT investments, manages IT risks and resources, and measures IT performance3. References := CGEIT Exam Content Outline, Domain 1, Subtopic A: Governance Framework, Task 1: Ensure the definition, establishment, and management of a framework for the governance of enterprise IT in alignment with the mission, vision and values of the enterprise.