CGEIT Benefits Realization 3

Question 1

Which phase of the investment lifecycle is MOST critical for setting up successful benefits realization?

Accepted Answer

Business case development and approval

Answer

Solution design and architecture

Answer

User acceptance testing

Answer

Post-deployment support

Question 2

An IT governance board wants to improve benefits tracking. Which tool is MOST appropriate?

Accepted Answer

Benefits realization register with periodic status updates

Answer

IT incident management system

Answer

Vendor performance dashboard

Answer

Network monitoring platform

Question 3

When realized benefits fall short of expectations, the BEST governance response is to:

Accepted Answer

Conduct a root cause analysis and adjust the realization approach

Answer

Close the project and move to the next investment

Answer

Reduce the benefit targets retroactively

Answer

Transfer accountability to the IT department

Question 4

Which statement BEST describes the relationship between IT governance and benefits realization?

Accepted Answer

IT governance creates the accountability structures that ensure benefits are planned, tracked, and achieved

Answer

IT governance focuses only on technical delivery timelines

Answer

Benefits realization is exclusively a finance function, separate from governance

Answer

IT governance eliminates the need for a formal benefits realization process

Question 5

A CGEIT practitioner identifies that benefits are being reported without independent verification. The BEST recommendation is to:

Accepted Answer

Implement an independent review or audit of reported benefit figures

Answer

Accept self-reported benefits from project teams as sufficient

Answer

Remove the benefits reporting requirement to reduce workload

Answer

Delay reviews until the next fiscal year

Question 6

Dis-benefits in IT investments refer to:

Accepted Answer

Negative consequences or costs resulting from an IT change

Answer

Budget overruns caused by scope creep

Answer

Benefits that arrive later than planned

Answer

IT costs that exceed vendor estimates