An IT governance committee is defining a risk management policy for a portfolio of !T-enabled investments Which of the following should be the PRIMARY consideration when developing the policy?
Suggested Answer: D
Get Premium CGEIT Questions
as Interactive Web-Based Practice Test or PDF
Real Exam Format
Detailed Explanations
Instant Access
Get Your Practice Test
11 comments · newest first
EM
Emilio
11 months ago
A solid risk management framework is essential too!
CA
Carin
12 months ago
Wait, is risk appetite really the primary concern? Seems off.
BE
Benedict
12 months ago
Value obtained with minimum risk seems like the best approach!
CA
Cassi
12 months ago
I think possible investment failures are more critical to consider.
PE
Penney
1 year ago
Definitely should focus on the risk appetite of the enterprise.
AM
Amber
1 year ago
Possible investment failures could be a big concern, but I think understanding the risk appetite might be more fundamental.
ES
Estrella
1 year ago
I feel like value obtained with minimum risk should be a priority, but I’m not confident if that’s the primary consideration.
BE
Bettina
1 year ago
I’m not entirely sure, but I think the risk management framework is important too. It sets the foundation for everything else.
LO
Lottie
1 year ago
I remember discussing risk appetite in class; it seems crucial for aligning with the organization's goals.
DE
Dexter
1 year ago
Okay, I think I've got this. The question is asking about the inputs to Harmon's model, which would be the external factors that affect the organization's internal processes. Based on the information provided, the two key inputs would be the bread supplier (Country Bakes) and the client company (UK Systems Limited). The other options don't seem to fit as well. I'm feeling confident about B as the answer.
AL
Albina
1 year ago
I'm pretty sure the formula is C - Budget at completion (BAC) / cost performance index (CPI). That's the one that calculates the expected total costs based on the project's progress.