CGEIT · Question #559
CGEIT Question #559: Real Exam Question with Answer & Explanation
The correct answer is C: Perform stage-gate reviews throughout the life cycle of each project.. To ensure IT investment management processes fully realize identified benefits, conducting stage-gate reviews throughout project lifecycles is the best way to proactively prevent issues.
Question
ACIO determines IT investment management processes are not fully realizing the benefits identified in business cases. Which of the following would be the BEST way to prevent this issue?
Options
- AEstablish a requirement for ClO review and approval of each business case.
- BEvaluate the delegation of investment approval authorities.
- CPerform stage-gate reviews throughout the life cycle of each project.
- DDocument lessons learned throughout the investment life cycle.
Explanation
To ensure IT investment management processes fully realize identified benefits, conducting stage-gate reviews throughout project lifecycles is the best way to proactively prevent issues.
Common mistakes.
- A. CIO review and approval of business cases occurs at the beginning and doesn't ensure benefits are realized throughout the project lifecycle.
- B. Evaluating delegation of investment approval authorities addresses governance structure but not the ongoing monitoring of benefit realization for individual projects.
- D. Documenting lessons learned is a post-project activity for future improvements and does not prevent issues in current projects from failing to realize benefits.
Concept tested. IT investment governance and project lifecycle management
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