IT Governance (B6:M2)

Question 1

according to the IT Governance Institute, what are the 5 areas of focus?

Answer 1

strategic alignment:
linking IT and business so they work well together

value delivery:
making sure IT department does what is necessary to deliver

resource management

risk management

performance measures

Question 2

what is the responsibility of an information technology steering committee?

Answer 2

guide and oversee systems development and acquisition

Question 3

how do you calculate the expected monetary value of a risk event?

Answer 3

probably % x potential cost

Question 4

what is electronic data interchange (EDI)?

Answer 4

computer-to-computer exchange of business transaction documents