Isaca COBIT 2019 Practice Test - Questions Answers, Page 20

Using the COBIT 2019 Governance System Design Workflow allows enterprises to realize a governance system that is tailored to their needs. The COBIT 2019 Governance System Design Workflow is a set of steps that guide enterprises in designing a customized governance system based on their specific context, goals, issues, and priorities. The workflow helps enterprises to identify their current state, desired state, gaps, improvement opportunities, design factors, governance components, roles, responsibilities, practices, activities, inputs, outputs, goals, metrics, and road map for implementing their governance system. The workflow also helps enterprises to balance competing requirements and resolve conflicts among stakeholders.By following the workflow, enterprises can design a governance system that fits their unique needs and delivers value to their business.Reference:: COBIT 2019 Design Guide: Designing an Information & Technology Governance Solution, page 292: COBIT 2019 Design Guide: Designing an Information & Technology Governance Solution, page 31

The functional task area that is responsible for assessing the potential return on investment (ROI) during future state planning is program management. According to the COBIT 2019 Implementation Guide, program management is one of the key enablers of IT governance and management, and it includes the processes and practices for planning, executing, monitoring, controlling, and closing IT programs and projects. One of the activities of program management is to conduct a business case analysis for each proposed improvement initiative in the future state plan. This analysis involves estimating the costs, benefits, risks, dependencies, assumptions, constraints, success factors, and ROI of each initiative.The analysis helps to prioritize and justify the initiatives based on their expected value to the enterprise.Reference:: COBIT 2019 Implementation Guide: Implementing and Optimizing an Information and Technology Governance Solution, page 151: COBIT 2019 Implementation Guide: Implementing and Optimizing an Information and Technology Governance Solution, page 38

An important component for an enterprise strategy archetype of cost leadership as defined by COBIT 2019 is support for the portfolio management role with an investment office. According to the COBIT 2019 Design Guide, cost leadership is one of the four generic enterprise strategy archetypes that describe how enterprises compete in their markets. Cost leadership means that an enterprise aims to offer the lowest prices for its products or services by minimizing its costs and maximizing its efficiency. One of the design factors that influence the governance system for a cost leadership strategy is the organizational structures. The COBIT 2019 Design Guide suggests that a cost leadership strategy requires a centralized and standardized organizational structure that supports the portfolio management role with an investment office. The portfolio management role is responsible for selecting, prioritizing, and balancing the IT investments that align with the enterprise strategy and objectives. The investment office is a function that assists the portfolio management role by providing financial analysis, reporting, and decision support.The support for the portfolio management role with an investment office helps to ensure that the IT investments are optimized for cost and value.Reference:: COBIT 2019 Design Guide: Designing an Information & Technology Governance Solution, page 482: COBIT 2019 Design Guide: Designing an Information & Technology Governance Solution, page 51