BEC 6 M2: IT Governance Flashcards
1
Q
Steering Committee
A
formed to guide and oversee systems development and acquisition
2
Q
monetary value of a risk
A
risk probability*cost to fix problems caused by risk
3
Q
Five focus areas for IT governance
A
- Value delivery
- strategic alignment
- resource management
- risk management
- performance measurement
4
Q
Electronic Data Interchange (EDI)
A
exchange of business transaction documents from one computer to another. Not used for collaboration between humans, just computers.
5
Q
Another name for collaborative systems
A
Groupware systems
6
Q
Control Objectives for Information and related Technology (COBIT)
A
best practices framework for implementing IT, it’s not a requirement
7
Q
a primary goal of IT governance is to
A
balance risk vs return over IT and its processes