Chapter 9 Flashcards
1
Q
What are the four responsibilities of the board for IT Governance?
A
Monitor,
Advice,
Co-opt
Assimilate
2
Q
What is the responsibility monitor?
A
Review and approve fundamental operational and financial decisions.
3
Q
What is the responsibility advice?
A
Acting like sounding boards and problem solver.
4
Q
What is the responsibility co-opt?
A
Using external links to bring in external resrouces (knowledge, capital, trade secrets).
5
Q
The boards IT goverance is split into two?
A
Functions,
Mechanisms,
6
Q
Which two functions?
A
IT value creation (wealth creation),
IT risk mitigation (wealth protection).
7
Q
Which three mechanisms?
A
Decisions-making structures,
Formal processes,
Communication approaches.
