Which of the following types of benefits are provided by the new IT-driven initiative for IT investment program? Each correct answer represents a complete solution. Choose all that apply.

• A.Indirect benefit
• B.Incremental benefit
• C.Direct benefit
• D.Cost avoidance benefit

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The IT strategy formulation process consists of four steps to provide guidance to all who are involved.
Which of the following steps are performed in the IT strategy formulation process? Each correct answer represents a complete solution. Choose all that apply.

• A.Map out the big picture.
• B.Evaluate changes.
• C.Assess process maturity.
• D.Decide how to get from here to there.

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The BEST way to manage an outsourced vendor relationship is by:

• A.conducting periodic risk assessments.
• B.analyzing performance statistics from the vendor.
• C.reviewing annual independent third-party reports.
• D.providing clear objectives and transparency.

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Which of the following individuals/team advises on infrastructure needs and architectural design?

• A.CIO
• B.CEO
• C.IT Strategy Committee
• D.Management committee

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A business unit is planning to replace an existing IT legacy solution with a hosted Software as a Service (SaaS) solution. However, business management is concerned that stored data will be at risk. Which of the following would be the MOST effective way to reduce the risk associated with the SaaS solution?

• A.Include risk-related requirements in the SaaS contract.
• B.Create key risk indicators for the SaaS solution.
• C.Redefine the risk appetite and risk tolerance.
• D.Research the technology and identify potential security threats.

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