Question 1

A person who is the primary point of contact for facilitating IT business relationships best describes a(n)_________________

Accepted Answer

The answer of A person who is the primary point...

Question 2

A best practice for strategic alignment is to have a steering committee comprised of a group of IT and functional business executives at any of the _________________levels and_________________.

Accepted Answer

The answer of A best practice for strategic alignment is...

Question 3

Which of the following best describes the form of governance to manage cross-functional initiatives in a collaborative fashion that emphasizes knowledge sharing and providing feedback to corporate headquarters?
A) Thick matrix
B) Thin matrix
C) Strategic community
D) Matrixed project team

Accepted Answer

A strategic community is a form of governance that brings together individuals from different functions and locations to collaborate on specific initiatives. This form of governance emphasizes knowledge sharing and providing feedback to corporate headquarters, making it the best choice for managing cross-functional initiatives in a collaborative fashion. Thick and thin matrix structures may also involve cross-functional teams, but they are more focused on managing resources and may not prioritize knowledge sharing and feedback as much. Matrixed project teams are temporary and focused on specific projects, rather than long-term cross-functional initiatives.

Question 4

The form of governance that requires corporate management to evaluate effectiveness of the business unit representatives with respect to their ability to implement the corporate objectives best describes_________________

Accepted Answer

The answer of The form of governance that requires corporate...

Question 5

The governance alternative in which accountability for IT investment results is shared by the business and IT communities best describes_________________

Accepted Answer

The answer of The governance alternative in which accountability for...

Question 6

The selection and use of organizational processes to make decisions about how to obtain and deploy IT resources and competencies best describes _________________

Accepted Answer

The answer of The selection and use of organizational processes...

Question 7

Which of the following IT governance alternatives best describes the "how" and "why" of financial resources which are allocated to projects?
A) Value measurement
B) Budget
C) Cost center
D) Partnership/alliance management

Accepted Answer

Budget is the IT governance alternative that best describes the "how" and "why" of financial resources allocated to projects. A budget provides a financial plan for an organization and outlines how resources will be allocated over a specific time period to achieve specific goals and objectives.

Question 8

Which of the following best describes the form of governance to manage cross-functional initiatives whereby corporate IT management acts in a role of providing guidance and assistance to the business unit for adopting global infrastructure changes?
A) Thick matrix
B) Thin matrix
C) Strategic community
D) Matrixed project team

Accepted Answer

A thin matrix form of governance typically involves corporate IT management providing guidance and assistance to business units for adopting global infrastructure changes, while still allowing the business units to maintain a degree of autonomy in their decision-making processes. A thick matrix would involve corporate IT management exerting more control over the business units, while a strategic community involves collaboration between multiple organizations or stakeholders without a hierarchical structure. A matrixed project team typically refers to a temporary team structure organized around a specific project.

Question 9

_________________is the international strategy whereby organizations expand oversees in search of new markets, usually by employing agents or trading partners to market and distribute their products in different geographic markets.

Accepted Answer

The answer of _________________is the international strategy whereby organizations expand...

Question 10

The _________________international strategy type is best served by IT governance mechanisms of decentralized structure, local office CTO or CIO, and application investment decisions made by local offices to meet local market requirements.

Accepted Answer

The answer of The _________________international strategy type is best served...

Question 11

Which of the following best describes the process of examining the financial underpinnings of a corporation as one of the first steps in a large scale IT purchase, with the goal of understanding risks associated with the relationship?
A) Third-party arbitration
B) Request for proposal review
C) Risk profiling
D) Due diligence

Accepted Answer

Due diligence refers to the process of examining the financial, legal, and other aspects of a company or organization as part of an acquisition or major investment. In the context of IT purchases, due diligence may involve assessing the risks associated with entering into a new vendor-client relationship, including financial risks such as the vendor's financial stability and solvency.

Question 12

Which of the following best describes the sources of project risk that are related to the external environment?
A) Market risk
B) Technology risk
C) Organizational risk
D) Developmental risk

Accepted Answer

Market risk refers to risks associated with changes in the external market environment such as shifts in consumer demand, industry competition, economic downturns, and regulatory changes. These factors are beyond the control of the project team but can greatly impact the success of a project.

Question 13

Which of the following best describes the sources or project risk that are related to internal issues such as project cost, the scope of change required, and project's fit with the firm's capabilities?
A) Market risk
B) Technology risk
C) Organizational risk
D) Development risk

Accepted Answer

Organizational risk refers to the potential for internal issues, such as project cost, scope changes, and alignment with the firm's capabilities, to negatively impact the success of a project. This type of risk is related to the organization's ability to effectively manage and execute the project. It is not related to external factors, such as market or technology risks, or developmental risks.

Question 14

The_________________ is a technique for classifying and grouping projects according to probability of occurrence within categories of organization impact, development effort, technology, and organizational capability.

Accepted Answer

The answer of The_________________ is a technique for classifying and...

Question 15

Each of the following is generally considered a symptom of poor IT governance except:
A) late adoption of technology.
B) business units aren't accountable to corporate IT for any technologies they deploy.
C) lack of enterprise architecture because of disagreement.
D) lack of common sourcing policy.

Accepted Answer

Late adoption of technology is not necessarily a symptom of poor IT governance. It could be a strategic decision to wait for technology to mature or to align with the organization's overall goals. However, B, C, and D are all symptoms of poor IT governance. Business units not being accountable to corporate IT can lead to shadow IT, duplication of services, and security risks. A lack of enterprise architecture can result in inefficiencies and inconsistency across the organization. A lack of common sourcing policy can lead to inefficient procurement, increased costs, and difficulty in managing vendor relationships.

Question 16

Which of the following IT governance alternatives best describes the team structure and approaches that are defined and applied to define strategies, plans, priorities, and make IT decisions?
A) Value measurement
B) Communicate/market/negotiate
C) Partnership/alliance management
D) Process

Accepted Answer

The IT governance alternative that best describes the team structure and approaches for defining IT strategies, plans, priorities, and making decisions is the Process approach. This approach focuses on defining and implementing a set of IT processes and procedures that enable effective decision making, coordination, and control of IT activities. It involves establishing clear roles, responsibilities, and decision-making authority, as well as implementing mechanisms for monitoring and improving IT performance.

Question 17

_________________is the process of reducing or managing risk.

Accepted Answer

The answer of _________________is the process of reducing or managing...

Question 18

Which of the following IT governance alternatives best describes the formal assessment and review of IT's contributions to business strategies and infrastructure?
A) Value measurement
B) Communicate/market/negotiate
C) Partnership/alliance management
D) Shared risks, responsibilities, rewards/penalties

Accepted Answer

Value measurement involves the formal assessment and review of IT's contributions to business strategies and infrastructure. It includes measuring the value added by IT to the business and ensuring alignment between IT and business objectives.

Question 19

Which of the following IT governance alternatives best describes when IT staff work in the business unit and business unit staff work in IT?
A) Liaison
B) Process
C) Career crossover
D) Cross training

Accepted Answer

Career crossover describes a situation where IT staff work in the business unit and business unit staff work in IT. This allows for better understanding between the two groups and can improve communication and decision-making. Liaison refers to an individual or group that acts as a bridge between IT and the business unit, while process and cross-training refer to specific methods of training and transferring knowledge among employees.

Question 20

A governance mechanism that uses teams for making decisions regarding organizational investment and use of IT best describes_________________

Accepted Answer

The answer of A governance mechanism that uses teams for...

Quiz 11: IT Governance

A person who is the primary point of contact for facilitating IT business relationships best describes a(n)_________________

A best practice for strategic alignment is to have a steering committee comprised of a group of IT and functional business executives at any of the _levels and_.

Which of the following best describes the form of governance to manage cross-functional initiatives in a collaborative fashion that emphasizes knowledge sharing and providing feedback to corporate headquarters?

The form of governance that requires corporate management to evaluate effectiveness of the business unit representatives with respect to their ability to implement the corporate objectives best describes_________________

The governance alternative in which accountability for IT investment results is shared by the business and IT communities best describes_________________

The selection and use of organizational processes to make decisions about how to obtain and deploy IT resources and competencies best describes _________________

Which of the following IT governance alternatives best describes the "how" and "why" of financial resources which are allocated to projects?

Which of the following best describes the form of governance to manage cross-functional initiatives whereby corporate IT management acts in a role of providing guidance and assistance to the business unit for adopting global infrastructure changes?

_________________is the international strategy whereby organizations expand oversees in search of new markets, usually by employing agents or trading partners to market and distribute their products in different geographic markets.

The _________________international strategy type is best served by IT governance mechanisms of decentralized structure, local office CTO or CIO, and application investment decisions made by local offices to meet local market requirements.

Which of the following best describes the process of examining the financial underpinnings of a corporation as one of the first steps in a large scale IT purchase, with the goal of understanding risks associated with the relationship?

Which of the following best describes the sources of project risk that are related to the external environment?

Which of the following best describes the sources or project risk that are related to internal issues such as project cost, the scope of change required, and project's fit with the firm's capabilities?

The_________________ is a technique for classifying and grouping projects according to probability of occurrence within categories of organization impact, development effort, technology, and organizational capability.

Each of the following is generally considered a symptom of poor IT governance except:

Which of the following IT governance alternatives best describes the team structure and approaches that are defined and applied to define strategies, plans, priorities, and make IT decisions?

_________________is the process of reducing or managing risk.

Which of the following IT governance alternatives best describes the formal assessment and review of IT's contributions to business strategies and infrastructure?

Which of the following IT governance alternatives best describes when IT staff work in the business unit and business unit staff work in IT?

A governance mechanism that uses teams for making decisions regarding organizational investment and use of IT best describes_________________