CGEIT · Question #487
An enterprise has launched a critical new IT initiative that is expected to produce substantial value. Which of the following would BEST facilitate the reporting of benefits realized by the IT…
The correct answer is A. Balanced scorecard. A balanced scorecard is the best tool for reporting the realized benefits of a critical IT initiative to the board, as it provides a comprehensive, multi-dimensional view of performance.
Question
An enterprise has launched a critical new IT initiative that is expected to produce substantial value. Which of the following would BEST facilitate the reporting of benefits realized by the IT investment to the board?
Options
- ABalanced scorecard
- BMilestone chart
- CPerformance management
- DCritical risk and issue walk through
How the community answered
(60 responses)- A82% (49)
- B5% (3)
- C10% (6)
- D3% (2)
Why each option
A balanced scorecard is the best tool for reporting the realized benefits of a critical IT initiative to the board, as it provides a comprehensive, multi-dimensional view of performance.
A balanced scorecard measures IT performance across multiple dimensions, including financial, customer, internal processes, and learning and growth, making it ideal for demonstrating the holistic benefits and strategic alignment of IT investments to the board. It effectively translates strategic objectives into measurable operational targets and outcomes.
A milestone chart tracks project progress against deadlines but does not effectively report the actual business benefits or value realized from the IT investment.
Performance management is a broad discipline for improving organizational performance, but a balanced scorecard is a specific, structured reporting tool *within* performance management suitable for board-level reporting of realized benefits.
A critical risk and issue walkthrough focuses on potential problems and current challenges, not on the positive benefits or value that has been realized from an IT investment.
Concept tested: IT investment benefits reporting
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