CGEIT · Question #244
Which of the following is the BEST method for making a strategic decision to invest in cloud services?
The correct answer is A. Prepare a business case. The best method for making a strategic decision to invest in cloud services is to prepare a comprehensive business case. A business case rigorously evaluates the financial, strategic, operational, and risk implications of the investment, providing a clear justification for the…
Question
Which of the following is the BEST method for making a strategic decision to invest in cloud services?
Options
- APrepare a business case.
- BPrepare a request for information (RFI),
- CBenchmarking.
- DDefine a balanced scorecard.
How the community answered
(32 responses)- A94% (30)
- B3% (1)
- D3% (1)
Why each option
The best method for making a strategic decision to invest in cloud services is to prepare a comprehensive business case. A business case rigorously evaluates the financial, strategic, operational, and risk implications of the investment, providing a clear justification for the decision.
Preparing a business case is the best method for a strategic decision because it provides a structured analysis of the costs, benefits, risks, and strategic alignment of investing in cloud services. It presents a comprehensive justification for the investment, enabling informed decision-making by demonstrating the value proposition to the organization.
Preparing an RFI is a preliminary step in vendor selection to gather information, not a strategic decision-making tool for the investment itself.
Benchmarking compares an organization's performance with others but doesn't provide a comprehensive justification for a specific strategic investment like a business case.
Defining a balanced scorecard is a performance management framework used to measure and manage strategy execution, not primarily for initial strategic investment decisions.
Concept tested: Strategic IT Investment Justification
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