Isaca COBIT Design and Implementation Practice Test - Questions Answers, Page 5

It is critical to perform a due diligence review following a merger, acquisition, or divestiture. Such events involve significant changes to the organizational structure, assets, and operations, necessitating thorough review to identify risks, synergies, and compliance issues.

Reference in COBIT 2019 Design and Implementation:

COBIT 2019 Framework: Governance and Management Objectives, APO12 (Managed Risk): This objective emphasizes the importance of risk management during significant organizational changes, such as mergers and acquisitions.

COBIT 2019 Implementation Guide, Chapter 3: This chapter outlines the need for due diligence in evaluating potential risks and ensuring that governance and management practices are adapted to new organizational contexts.

A due diligence review ensures that all aspects of the merger, acquisition, or divestiture are carefully assessed, mitigating risks and supporting a smooth transition.

When tailoring a governance system for an enterprise operating in an environment with high compliance requirements, the most important factor to consider is the enterprise goals. Compliance requirements must align with the enterprise's strategic objectives and goals to ensure that governance practices are relevant and effective.

Enterprise goals drive the overall strategy and direction of the organization. When compliance requirements are high, it is essential that these requirements are integrated into the enterprise's strategic goals. This ensures that the governance system supports both the achievement of business objectives and the adherence to compliance mandates.

COBIT 2019 Framework

Reference:

COBIT 2019 Framework: Introduction and Methodology, Chapter 5: Describes the goals cascade and the importance of aligning governance and management objectives with enterprise goals.

COBIT 2019 Design Guide, Chapter 2: Emphasizes the need to consider enterprise goals when designing and implementing a governance system, especially in environments with stringent compliance requirements.

Aligning compliance requirements with enterprise goals ensures that the governance system is both effective in achieving business objectives and compliant with regulatory mandates.

The program steering committee is responsible for monitoring the achievement of the overall EGIT (Enterprise Governance of Information and Technology) implementation program plan results, including the achievement of goals and realization of benefits.

The program steering committee provides oversight and governance for the EGIT implementation program. This committee ensures that the program is aligned with strategic objectives, monitors progress, and ensures that the desired benefits are realized. They are accountable for the overall success of the implementation.

COBIT 2019 Framework

Reference:

COBIT 2019 Implementation Guide, Chapter 7: Details the roles and responsibilities of the program steering committee in overseeing the implementation of the governance system.

COBIT 2019 Design Guide, Chapter 4: Emphasizes the importance of having a steering committee to provide strategic direction and oversight for the implementation program.

By having the program steering committee monitor the achievement of the EGIT program plan, the enterprise ensures that there is accountability and alignment with business goals.

I&T-related issues, also called pain points, could be considered risks that have materialized. These issues represent current challenges and problems that the enterprise is facing, indicating that certain risks have already impacted the organization.

Reference in COBIT 2019 Design and Implementation:

COBIT 2019 Design Guide, Chapter 2: This chapter explains that I&T-related issues or pain points are current problems that the enterprise needs to address, indicating that these risks have already materialized.

COBIT 2019 Framework: Governance and Management Objectives, APO12 (Managed Risk): This objective emphasizes the importance of identifying and managing risks, including those that have already impacted the organization.

By recognizing that I&T-related issues are materialized risks, enterprises can focus on mitigating these issues and preventing future occurrences, ensuring better risk management and governance.

When assessing the current state of I&T, a continual improvement task includes identifying potential process improvements. This task is essential for ensuring that IT processes remain efficient, effective, and aligned with business goals.

Reference in COBIT 2019 Design and Implementation:

COBIT 2019 Framework: Governance and Management Objectives, BAI10 (Managed Continuous Improvement): This objective focuses on the importance of continually assessing and improving IT processes to enhance performance and value delivery.

COBIT 2019 Implementation Guide, Chapter 5: This chapter discusses the need for continuous improvement initiatives, including the identification of potential process improvements to optimize IT performance.

By continually identifying and implementing process improvements, enterprises can ensure that their IT functions remain competitive and capable of supporting evolving business needs.

The final step in governance system design is to reconcile inherent priority conflicts. This ensures that all conflicting priorities among stakeholders are addressed and resolved to create a cohesive and aligned governance system.

The reconciliation of inherent priority conflicts is a critical final step to ensure that the designed governance system can effectively meet the needs and expectations of all stakeholders. This involves negotiating and balancing different priorities to ensure that the governance objectives are achievable and aligned with the enterprise's strategic goals.

COBIT 2019 Framework

Reference:

COBIT 2019 Design Guide, Chapter 5: Emphasizes the importance of addressing and reconciling priority conflicts to finalize the governance system design.

COBIT 2019 Implementation Guide, Chapter 7: Discusses the necessity of resolving conflicts and aligning objectives as part of the final steps in the governance system design process.

By reconciling priority conflicts, the enterprise ensures that the governance system is practical, balanced, and capable of delivering the desired outcomes.

A key change enablement task that must be completed during the driver identification phase of an IT initiative is to identify the business and governance drivers. Understanding these drivers is essential for aligning IT initiatives with the strategic objectives and governance needs of the enterprise.

Identifying business and governance drivers involves understanding the fundamental factors that influence the direction and priorities of IT initiatives. These drivers include strategic goals, regulatory requirements, market conditions, and internal organizational needs.

COBIT 2019 Framework

Reference:

COBIT 2019 Design Guide, Chapter 2: Highlights the importance of identifying business and governance drivers as part of the design factors that influence the governance system.

COBIT 2019 Implementation Guide, Chapter 4: Discusses the process of identifying and analyzing drivers to ensure that IT initiatives are aligned with enterprise goals.

By identifying these drivers, the enterprise can ensure that the IT initiative is aligned with its strategic and governance objectives, thereby facilitating successful change enablement.

The role of IT management when executing an EGIT implementation program plan should be to monitor the implementation and provide direction when necessary. This ensures that the program stays on track and aligns with the enterprise's strategic objectives.

IT management's role is to oversee the execution of the EGIT implementation program, ensuring that it adheres to the plan and meets the established objectives. This includes monitoring progress, addressing any issues that arise, and providing guidance to ensure successful implementation.

COBIT 2019 Framework

Reference:

COBIT 2019 Implementation Guide, Chapter 7: Details the responsibilities of IT management in monitoring and directing the implementation of the EGIT program.

COBIT 2019 Design Guide, Chapter 4: Emphasizes the need for active management involvement to guide and support the implementation process.

By monitoring the implementation and providing direction, IT management ensures that the program remains aligned with business goals and can adapt to any changes or challenges encountered during execution.

When tailoring a governance system using COBIT 2019 for a nonprofit enterprise seeking to improve IT service delivery, the most relevant enterprise strategy design factor is cost. Nonprofit organizations typically operate with limited budgets, making cost management a critical consideration.

For nonprofit enterprises, managing costs effectively is crucial to ensure that resources are used efficiently and that IT service delivery improvements are sustainable. Focusing on cost as a design factor helps to prioritize initiatives that provide the most value for the least expenditure.

COBIT 2019 Framework

Reference:

COBIT 2019 Design Guide, Chapter 2: Discusses the importance of considering cost as a design factor, especially for organizations with limited financial resources.

COBIT 2019 Implementation Guide, Chapter 5: Provides guidance on optimizing costs while improving IT service delivery to ensure that governance objectives are met within budget constraints.

By focusing on cost, the nonprofit enterprise can tailor its governance system to achieve better IT service delivery while staying within financial limits, ensuring the efficient use of available resources.