BEC 6 M2: IT Governance Flashcards

1
Q

Steering Committee

A

formed to guide and oversee systems development and acquisition

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2
Q

monetary value of a risk

A

risk probability*cost to fix problems caused by risk

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3
Q

Five focus areas for IT governance

A
  1. Value delivery
  2. strategic alignment
  3. resource management
  4. risk management
  5. performance measurement
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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.

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5
Q

Another name for collaborative systems

A

Groupware systems

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6
Q

Control Objectives for Information and related Technology (COBIT)

A

best practices framework for implementing IT, it’s not a requirement

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7
Q

a primary goal of IT governance is to

A

balance risk vs return over IT and its processes

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