Isaca Certification CGEIT Passing Score

The best way to provide the board with an indication of progress of the IT initiatives is to conduct a portfolio management review. A portfolio management review is a process that involves evaluating and reporting on the performance, status, and outcomes of the IT projects, programs, and services that are part of the IT portfolio. The IT portfolio is a collection of IT investments that are aligned with the enterprise’s strategic objectives and expected to produce substantial value. A portfolio management review can help the board to assess and communicate the progress of the IT initiatives, as well as to identify and address any issues or risks that may affect their success. A portfolio management review can also help the board to ensure that the IT portfolio is balanced, optimized, and aligned with the business needs and priorities. IT Portfolio Management: A Comprehensive Guide | Smartsheet provides an overview of IT portfolio management and its benefits.

According to the CGEIT exam guide, the IT strategy committee should ensure that the IT strategic plan is aligned with the business needs and goals of the enterprise. Therefore, before initiating the development of an IT strategic plan, the committee members should be apprised of the business needs and understand the expectations and requirements of the stakeholders. References: CGEIT Exam Candidate Guide, page 13. CGEIT Certification

 Business continuity management (BCM) and disaster recovery management (DRM) are the most important processes for information asset life cycle management, as they ensure the availability, integrity, and security of information assets in the event of a disruption or disaster. BCM and DRM involve identifying the critical information assets, assessing the potential threats and impacts, developing and implementing plans and procedures to prevent, respond to, and recover from incidents, testing and reviewing the plans and procedures regularly, and ensuring the alignment of the plans and procedures with the business objectives and stakeholder expectations. BCM and DRM help protect the information assets from loss, damage, corruption, theft, or unauthorized access, and enable the organization to resume its normal operations as quickly as possible after a disruption or disaster. 

Discretionary investments are those that are not mandatory or essential for the business, but may provide some benefits or opportunities. The IT strategy committee should evaluate whether the discretionary investment supports the corporate goals and aligns with the business strategy, as this is the most important criterion for IT governance and value creation. The technical feasibility, the business and technical scope, and the alignment with the EA are also important factors, but they are secondary to the strategic alignment and value proposition of the investment. References := ISACA, CGEIT Review Manual, 7th Edition, 2019, p. 92-93; Rethinking traditional technology budgeting processes; Discretionary Investment Management Definition, Benefits & Risks.