[2025] Pass your CGEIT exam with this 100% Free CGEIT Braindump [Q20-Q36]

Q20. Ben is the project manager of the CMH Project for his organization. He has identified a risk that has a low probability of happening, but the impact of the risk event could save the project and the organization with a significant amount of capital. Ben assigns Laura to the risk event and instructs her to research the time, cost, and method to improve the probability of the positive risk event. Ben then communicates the risk event and response to management. What risk response has been used here?

Enhance

Transference

Sharing

Exploit

Q21. An enterprise considers implementing a system that uses a technology that is not in line with its IT strategy.
The business case indicates significant benefit to the enterprise. Which of the following is the BEST way to manage this situation within an IT governance framework?

Update the IT strategy to align with the new technology.

Initiate an operational change request.

Reject based on non-alignment.

Address as part of an architecture exception process.

Q22. Which of the following is PRIMARILY achieved through performance measurement?

Process improvement

Transparency

Cost efficiency

Benefit realization

Q23. Which of the following would BEST support an enterprise’s initiative to incorporate desired organizational behaviors into the IT governance framework?

Enterprise code of ethics

Risk mitigation strategies and action plans

Documented consequences for noncompliance

Enterprise RACI matrix

Q24. Which of the following should be done FIRST when concerns have been identified regarding the financial viability of a potential software supplier?

Implement an escrow agreement

Perform a risk assessment

Include a right-to-audit clause in the contract

License the intellectual property

A risk assessment is the process of identifying, analyzing, and evaluating the potential risks that may affect the achievement of an objective or the performance of an activity. A risk assessment should be done first when concerns have been identified regarding the financial viability of a potential software supplier, as it can help determine the likelihood and impact of the supplier’s failure or default on the enterprise’s IT project or operation. A risk assessment can also help identify and prioritize the mitigation strategies or contingency plans that can be implemented to reduce or avoid the negative consequences of the supplier’s financial instability.
Implementing an escrow agreement, including a right-to-audit clause in the contract, and licensing the intellectual property are possible actions to take after performing a risk assessment, but they are not the first step. An escrow agreement is a legal arrangement that involves a third party holding and releasing the software source code or other critical assets of the supplier in case of a dispute or termination of the contract. An escrow agreement can help protect the enterprise’s access and rights to the software in case of the supplier’s bankruptcy or insolvency. Including a right-to-audit clause in the contract is a provision that allows the enterprise to inspect and verify the financial records and statements of the supplier, as well as their compliance with the contract terms and conditions. A right-to-audit clause can help monitor and evaluate the supplier’s financial performance and stability, as well as detect any fraud or misrepresentation. Licensing the intellectual property is a process that grants the enterprise a legal permission to use, modify, or distribute the software or other creations of the supplier, subject to certain limitations and obligations. Licensing the intellectual property can help secure the enterprise’s ownership and control over the software, as well as prevent any infringement or violation by other parties.
References := How to check the viability of your suppliers; Financial Viability – Business Model Viability – Aktia Solutions; How to Assess Manufacturing Vendors’ Viability; Assessing Financial Viability.

Q25. An enterprise has committed to the implementation of a new IT governance model. The BEST way to begin this implementation is to:

identify IT services that currently support the enterprise’s capability.

define policies for data, applications, and organization of infrastructure.

identify the role of IT in supporting the business.

prioritize how much and where to invest in IT.

Q26. An IT governance committee is reviewing its current risk management policy in light of increased usage of social media within an enterprise. The FIRST task for the governance committee is to:

recommend blocking access to social media.

review current level of social media usage.

initiate an assessment of the impact on the business.

reassess the enterprise’s bring your own device (BYOD) policy.

Q27. A newly hired CIO has been told the enterprise has an established IT governance process, but finds it is not being followed. To address this problem, the CIO should FIRST

gain an understanding of the existing governance process and corporate culture.

replace the current governance process with one the CIO has successfully used before.

establish personal relationships with executive-level peers to leverage goodwill,

engage audit to review current governance processes and validate the ClO’s concerns.

Q28. Marsha is the project manager of the NHQ Project. There’s a risk that her project team has identified, which could cause the project to be late by more than a month. Marsha does not want this risk event to happen so she devises extra project activities to ensure that the risk event will not happen. The extra steps, however, will cost the project an additional $10,000. What type of risk response is this approach?

Exploiting

Transference

Mitigation

Enhancing

Q29. An internal audit of a large financial institution found that financial data is being managed in a way that will negatively impact the enterprise’s ability to support regulatory reporting. Which of the following should be the FIRST strategic action in addressing this situation?

Establish a data governance framework.

Assign data responsibilities through a RACI chart.

Review key risk indicators (KRIS) related to data management.

Q30. The CEO of a large enterprise has announced the commencement of a major business expansion that will double the size of the organization. IT will need to support the expected demand expansion. The CIO should FIRST:

update the IT strategic plan to align with the decision.

recruit IT resources based on the expansion decision.

review the resource utilization matrix.

embed IT personnel in the business units.

Q31. What is the PRIMARY objective for performing an IT due diligence review prior to the acquisition of a competitor?

Document the competitor’s governance structure.

Ensure that the competitor understands significant IT risks.

Assess the status of the risk profile of the competitor.

Determine whether the competitor is using industry-accepted practices.

Q32. Communicating which of the following to staff BEST demonstrates senior management’s commitment to IT governance?

Legal and regulatory requirements

Approved IT investment opportunities

Objectives and responsibilities

Need for enterprise architecture (EA)

Communicating the objectives and responsibilities to staff is the BEST way to demonstrate senior management’s commitment to IT governance. IT governance is the process of ensuring that IT supports the achievement of the organization’s goals and objectives, and delivers value to its stakeholders1. IT governance involves aligning the IT strategy, policies, processes, and resources with the business strategy, needs, and expectations2. However, implementing and sustaining IT governance requires a significant amount of change in the organization, such as introducing new technologies, standards, roles, and responsibilities3. Therefore, communicating the objectives and responsibilities to staff is essential for demonstrating senior management’s commitment to IT governance, as it can:
* Provide the direction and mandate for the IT governance initiative on an ongoing basis
* Communicate the vision, mission, goals, and objectives of the IT function to all stakeholders
* Allocate the necessary resources and capabilities to enable the IT governance processes and activities
* Monitor and evaluate the performance and outcomes of the IT function and provide feedback and recognition
* Foster a positive and collaborative culture that values IT as a strategic partner and enabler of the business The other options are not as good as option C. While it is important to communicate the legal and regulatory requirements, the approved IT investment opportunities, and the need for enterprise architecture (EA), these are not sufficient to demonstrate senior management’s commitment to IT governance. They are rather means to achieve the end goal of implementing and sustaining IT governance. They do not necessarily reflect the level of commitment, involvement, and support from the management toward IT governance. References :=
* What is IT Governance? Definition & Examples | ASQ2
* What is IT governance? A formal way to align IT & business strategy1
* How to Involve Senior Management in the Information Security Governance …3

Q33. Which of the following would be the BEST way for an IT steering committee to monitor the adoption of a new enterprise IT strategy?

Establish key performance indicators (KPIs).

Establish key risk indicators (KRIs).

Schedule ongoing audit reviews.

Implement service level agreements (SLAs)

Q34. An enterprise has decided to use third-party software for a business process which is hosted and supported by the same third party. The BEST way to provide quality of service oversight would be to establish a process:

for robust change management.

for periodic service provider audits.

for enterprise architecture (EA) updates.

to qualify service providers.

A periodic service provider audit is a process of conducting an independent and objective assessment of the service provider’s performance, quality, compliance, and security in relation to the agreed service level agreement (SLA) and the enterprise’s expectations and requirements. A periodic service provider audit can help provide quality of service oversight by:
Verifying and validating the service provider’s claims and credentials, and ensuring that they meet the contractual obligations and standards Identifying and evaluating the strengths, weaknesses, opportunities, and threats of the service provider’s services, processes, and controls Detecting and reporting any issues, gaps, or risks that may affect the quality of service delivery or the enterprise’s objectives and value Recommending and implementing corrective and preventive actions to address and resolve the issues, gaps, or risks Monitoring and measuring the outcomes and effectiveness of the corrective and preventive actions, and ensuring their alignment with the SLA References:
According to the CGEIT Review Manual 20221, “Service provider audits are a key mechanism for ensuring that service providers are meeting their contractual obligations and delivering value to the enterprise. Service provider audits should be conducted periodically or as needed to assess the performance, quality, compliance, and security of the service provider’s services, processes, and controls.” According to the ISACA article on IT Outsourcing: Audit Considerations2, “IT outsourcing audit is a process of examining and evaluating the IT outsourcing arrangements between an enterprise and its service providers. IT outsourcing audit aims to provide assurance that the IT outsourcing arrangements are aligned with the enterprise’s strategy, objectives, and risk appetite; that the service providers are delivering the expected services in accordance with the SLAs; that the service providers are complying with the applicable laws, regulations, and standards; and that the service providers are managing and mitigating the IT outsourcing risks effectively.” According to the PwC article on Service Provider Audits3, “Service provider audits are an essential tool for organizations to gain insight into their service providers’ operations, controls, risks, and compliance status. Service provider audits can help organizations ensure that their service providers are meeting their expectations and obligations; identify any areas of improvement or concern; enhance their relationship and communication with their service providers; and optimize their IT outsourcing strategy.”

Q35. Which of the following should a new CIO do FIRST to ensure information assets are effectively governed?

Quantify the business value of information assets

Perform an information gap analysis

Review information classification procedures

Evaluate information access methods

Q36. An enterprise has decided to utilize a cloud vendor for the first time to provide email as a service, eliminating in-house email capabilities. Which of the following IT strategic actions should be triggered by this decision?

Develop a data protection awareness education training program.

Monitor outgoing email traffic for malware.

Implement a data classification and storage management tool.

Update and communicate data storage and transmission policies.

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[2025] Pass your CGEIT exam with this 100% Free CGEIT Braindump [Q20-Q36]

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