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Question 545 - CGEIT discussion

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A small enterprise has just hired its first CIO, who has been tasked with making the IT department more efficient. What should be the CIO's NEXT step after identifying several new improvement initiatives?

A.

Mandate IT staff training.

Answers
A.

Mandate IT staff training.

B.

Request an IT balanced scorecard.

Answers
B.

Request an IT balanced scorecard.

C.

Require a cost-benefit analysis.

Answers
C.

Require a cost-benefit analysis.

D.

Allocate funding for the initiatives.

Answers
D.

Allocate funding for the initiatives.

Suggested answer: C

Explanation:

A cost-benefit analysis (CBA) is a process that's used to estimate the costs and benefits of projects or investments to determine their profitability for an organization.A CBA is a versatile method that's often used for business administration, project management and public policy decisions1. A CBA can help the CIO prioritize the improvement initiatives based on their expected value and feasibility, and justify the allocation of resources and funding for them.A CBA can also align the IT goals with the enterprise objectives and demonstrate the IT value delivery to the stakeholders2.Reference:=

2: CGEIT Exam Content Outline | ISACA

1: Cost-Benefit Analysis: A Quick Guide with Examples and Templates

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asked 18/11/2024
Jahcorey Howze
34 questions
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