CGEIT · Question #231
CGEIT Question #231: Real Exam Question with Answer & Explanation
The correct answer is C: Re-evaluate the business case.. When an IT project has exhausted its budget before completion, the most crucial task is to re-evaluate the business case to determine its ongoing viability and strategic value.
Question
While monitoring an enterprise's IT projects portfolio, it is discovered that a project is 75% complete, but all budgeted resources have been expended. Which of the following is the MOST important task to perform?
Options
- AReview the IT investments.
- BReorganize the IT projects portfolio.
- CRe-evaluate the business case.
- DReview the IT governance structure.
Explanation
When an IT project has exhausted its budget before completion, the most crucial task is to re-evaluate the business case to determine its ongoing viability and strategic value.
Common mistakes.
- A. Reviewing IT investments is too broad and doesn't directly address the immediate financial and strategic viability issue of a specific project.
Concept tested. Project portfolio management, business case evaluation
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