CGEIT: Certified in the Governance of Enterprise ITDemo

By Isaca · Question Mode

QuestionQ351

Risk Optimization

The IT director of a large, project-driven enterprise is concerned that every recently completed IT project has exceeded its budget. Which of the following is the BEST way to address this concern?

  • A Implement portfolio management.
  • B Require monitoring of budget utilization.
  • C Assign business sponsors to active projects.
  • D Implement agile project methodology.
Explanation

Ongoing monitoring of budget utilization compares actual spending with the approved budget throughout project execution. It identifies cost variances early enough for management to investigate causes, apply corrective action, and control further overspending.

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