CGEIT · Question #312
Which of the following is the GREATEST benefit of using the life cycle approach to govern information assets'?
The correct answer is A. Overall costs are optimized. A life cycle approach to information asset governance enables comprehensive management from creation to disposal, leading to optimized resource allocation and cost efficiency across the entire lifespan.
Question
Which of the following is the GREATEST benefit of using the life cycle approach to govern information assets'?
Options
- AOverall costs are optimized
- BOperational costs are maintained
- CInformation availability is improved
- DCompliance with regulatory requirements is ensured
How the community answered
(20 responses)- A95% (19)
- C5% (1)
Why each option
A life cycle approach to information asset governance enables comprehensive management from creation to disposal, leading to optimized resource allocation and cost efficiency across the entire lifespan.
Governing information assets throughout their entire life cycle-from creation, use, storage, to eventual archival and disposal-allows for strategic decisions at each stage regarding storage, security, access, and retention. This holistic approach helps in avoiding unnecessary costs associated with over-retention, inefficient storage, or improper disposal, thereby optimizing overall costs by ensuring resources are used effectively throughout the asset's existence.
“Operational costs are maintained” is less impactful than “optimized”; maintaining costs doesn't imply improvement or efficiency gains.
While a life cycle approach can *contribute* to improved information availability by ensuring proper management, it's not the single greatest benefit compared to the comprehensive cost optimization aspect.
Compliance is certainly a major driver and benefit of a life cycle approach, but it's often a component of achieving overall cost optimization by avoiding fines and managing risks, rather than the singular *greatest* benefit across all aspects of governance.
Concept tested: Benefits of information asset lifecycle management
Source: https://learn.microsoft.com/en-us/microsoft-365/compliance/data-lifecycle-management-solutions-overview?view=o365-worldwide
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