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CIMAPRA19-P03-1 Exam - Topic 5 Question 3 Discussion

You have just been appointed Financial Controller of Y, a marketing consultancy.You are in a meeting with the Chief Executive Officer (CEO) of Y, and have been discussing the need for a major upgrade of all the information systems throughout Y, as they are all very old.Knowing that major change should be managed effectively, you have suggested that Y should have a 'systems steering committee'.Advise the CEO which of the following should be included in the terms of reference of the steering committee.
A) Plan for new systems and D) Consider the competitive issues raised by the new system and E) Ensure the new system will meet the company's goals
B) Develop new systems
C) Manage the project

CIMAPRA19-P03-1 Exam - Topic 5 Question 3 Discussion

Actual exam question for CIMA's CIMAPRA19-P03-1 exam
Question #: 3
Topic #: 5
[All CIMAPRA19-P03-1 Questions]

You have just been appointed Financial Controller of Y, a marketing consultancy.

You are in a meeting with the Chief Executive Officer (CEO) of Y, and have been discussing the need for a major upgrade of all the information systems throughout Y, as they are all very old.

Knowing that major change should be managed effectively, you have suggested that Y should have a 'systems steering committee'.

Advise the CEO which of the following should be included in the terms of reference of the steering committee.

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Suggested Answer: A, D, E

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Lenita
9 months ago
Developing new systems is crucial for long-term success.
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Aja
9 months ago
Wait, are we sure a new system will actually meet our goals?
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Jordan
9 months ago
Agree, but we can't forget about competitive issues!
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Latosha
9 months ago
I think managing the project should be a priority too.
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Ma
9 months ago
Definitely need to plan for new systems!
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Dawne
10 months ago
Based on the question, Watson Assistant seems like the most logical option to build a conversational interface that feeds user inputs to Content Analyzer.
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Tonette
10 months ago
I vaguely recall that least connections is for real-time balancing... but I'm torn between that and sticky session being tied to active sessions.
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Lauran
10 months ago
This looks like a tricky question. I'll need to think through the key differences between Essbase Calc Scripts and Enhanced Calc Scripts to figure out which option makes them more flexible.
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