Which of the following types of risks includes currency risk, liquidity risk, and technology obsolescence?

• A.Strategic risk
• B.Asset risk
• C.Hazard risk
• D.Operational risk

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After shifting from lease to purchase of IT infrastructure and software licenses, an enterprise has to pay for unexpected lease extensions causing significant cost overruns. The BEST direction for the IT steering committee would be to establish;

• A.an end-of-life program to remove aging infrastructure from the environment.
• B.budget cuts to compensate for the cost overruns.
• C.a policy to consider total cost of ownership (TCO) in investment decisions.
• D.a program to annually review financial policy on overruns.

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Which of the following issues identified during an IT review is MOST important to address to improve the alignment between the business and IT?

• A.IT dashboards have not been established.
• B.IT strategy reviews are conducted only after business strategy changes.
• C.Business satisfaction surveys are not conducted regularly.
• D.Services in the IT portfolio are not traceable to the IT strategy.

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Which of the following should be management's GREATEST consideration when trying to optimize the use of benefits from IT?

• A.Quality management
• B.Value delivery
• C.Alignment of business to IT
• D.Process improvement

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Which of the following essential elements of IT Portfolio Investment Management drives better decisions by providing real-time portfolio performance information in personalized views, such as cost/benefit summary, risk versus reward, ROI versus alignment, and balance bubble charts?

• A.Workflow, Process Management, Tracking and Authorization
• B.Integrated Dashboards and Scorecards
• C.Portfolio Management
• D.Portfolio What-If Planning

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