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  2. ISACA Certification
  3. CGEIT Exam
  4. ISACA.CGEIT.v2024-05-21.q447 Dumps
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Question 396

The use of new technology in an enterprise will require specific expertise and updated system development processes. There is concern that IT is not properly sourced. Which of the following should be the FIRST course of action?

Correct Answer: D
The first course of action when the use of new technology in an enterprise will require specific expertise and updated system development processes is to assess the gap between current and required staff competencies.
This course of action involves identifying the skills, knowledge, and abilities that are needed to implement and manage the new technology, and comparing them with the existing capabilities of the IT staff. By assessing the gap between current and required staff competencies, the enterprise can determine the extent and nature of the sourcing challenge, and plan for appropriate solutions, such as training, hiring, or outsourcing. According to one source1, "A competency gap analysis is a process of identifying the difference between what is required for a person to perform their role effectively and what they actually possess." The other options are not the first course of action when the use of new technology in an enterprise will require specific expertise and updated system development processes, but rather some of the steps or outcomes that can follow or result from the gap assessment. Performing a risk assessment on potential outsourcing is a step that involves evaluating the benefits and drawbacks of delegating some or all of the IT functions related to the new technology to an external service provider. This step can be done after assessing the gap between current and required staff competencies, and identifying outsourcing as a viable option. Updating the enterprise architecture (EA) with the new technology is a step that involves incorporating the new technology into the holistic view of the enterprise's IT environment, including its goals, principles, standards, policies, processes, technologies, and systems. This step can be done after assessing the gap between current and required staff competencies, and ensuring that the new technology aligns with the enterprise's strategic objectives and business requirements.
Reviewing the IT balanced scorecard for sourcing opportunities is an outcome that involves measuring and reporting on the performance and value of IT sourcing activities and outcomes. This outcome can be done after assessing the gap between current and required staff competencies, and implementing the chosen sourcing solution. References := What is Competency Gap Analysis? Definition & Examples
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Question 397

You are the project manager of the NKJ Project for your company. The project's success or failure will have a significant impact on your organization's profitability for the coming year. Management has asked you to identify the risk events and communicate the event's probability and impact as early as possible in the project. Management wants to avoid risk events and needs to analyze the cost-benefits of each risk event in this project. What term is assigned to the low-level of stakeholder tolerance in this project?

Correct Answer: C
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Question 398

Which of the following areas tracks the project delivery, and monitors the IT services?

Correct Answer: B
Section: Volume C
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Question 399

Which of the following methods is MOST likely to be used to assess plausible risk scenarios that could result in reputational risk to the enterprise?

Correct Answer: C
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Question 400

Which of the following would BEST support an enterprise's initiative to incorporate desired organizational behaviors into the IT governance framework?

Correct Answer: A
An enterprise code of ethics is a set of principles and values that guide the behavior and decision-making of the organization and its members. It can help to incorporate desired organizational behaviors into the IT governance framework by establishing a common understanding and expectation of what is acceptable and unacceptable, and by promoting a culture of integrity, accountability, and responsibility. References := ISACA, CGEIT Review Manual, 7th Edition, 2019, page 17.
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