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Question 554 - CGEIT discussion

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ACIO determines IT investment management processes are not fully realizing the benefits identified in business cases. Which of the following would be the BEST way to prevent this issue?

A.

Establish a requirement for ClO review and approval of each business case.

Answers
A.

Establish a requirement for ClO review and approval of each business case.

B.

Evaluate the delegation of investment approval authorities.

Answers
B.

Evaluate the delegation of investment approval authorities.

C.

Perform stage-gate reviews throughout the life cycle of each project.

Answers
C.

Perform stage-gate reviews throughout the life cycle of each project.

D.

Document lessons learned throughout the investment life cycle.

Answers
D.

Document lessons learned throughout the investment life cycle.

Suggested answer: C

Explanation:

Performing stage-gate reviews throughout the life cycle of each project is the best way to ensure IT investment management processes are fully realizing the benefits identified in business cases. Stage-gate reviews provide structured checkpoints at critical phases of a project, allowing for the evaluation of progress, performance against objectives, and the continued viability and alignment with business goals. This approach enables timely adjustments to be made, ensuring that projects stay on track to deliver the expected benefits. While CIO review and approval, evaluating delegation of authority, and documenting lessons learned are valuable, they do not offer the continuous oversight and opportunity for course correction that stage-gate reviews do.

asked 18/11/2024
Andrea DG
35 questions
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