From a governance perspective, the PRIMARY goal of an IT risk optimization process should be to ensure:

• A.the impact of IT risk to the enterprise is managed.
• B.IT risk thresholds are defined in the enterprise architecture (EA).
• C.IT risk is mapped to the balanced scorecard.
• D.the IT risk mitigation strategy is approved by management.

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A large organization with branches across many countries is in the midst of an enterprise resource planning (ERP) transformation. The IT organization receives news that the branches in a country where the impact to the enterprise is to be greatest are being sold. What should be the NEXT step?

• A.Adjust the ERP implementation plan and budget.
• B.Continue with the ERP migration according to plan.
• C.Update the ERP business case and re-evaluate the ROI.
• D.Cancel the ERP transformation and re-allocate project funds.

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Which of the following processes contained in the Portfolio Management domain of Val
IT identifies resource requirements?

• A.PM3
• B.PM2
• C.PM5
• D.PM4

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Which of the following would be MOST useful for prioritizing IT improvement initiatives to achieve desired business outcomes?

• A.Portfolio management
• B.IT skills matrix
• C.Budget variance analysis
• D.Enterprise architecture (EA)

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You are the project manager of the NHQ Project for your company. You have completed qualitative and quantitative analysis of your identified project risks and you would now like to find an approach to increase project opportunities and to reduce threats within the project. What project management process would best help you?

• A.Plan risk responses
• B.Create a risk governance approach
• C.Create the project risk register
• D.Monitor and control project risks

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