Acquisition of Resources CGEIT Practice Questions (Page 2)

Questions 6–10

1. 6foundation · easy

   What is the primary purpose of conducting a needs assessment during IT acquisition planning?

   • ATo select the lowest-cost vendor
   • BTo identify the gap between current capabilities and required capabilities
   • CTo determine the exact implementation timeline
   • DTo draft the legal terms of the contract
   Reveal Solution Discussion Select an answer first
2. 7expert · hard · select all that apply

   A public sector organization is evaluating vendors for a new enterprise content management (ECM) system. The evaluation committee has identified the following criteria: functional fit, total cost of ownership, vendor financial stability, and security certifications. The organization has a strict procurement policy that requires transparency and fairness. Select all the practices that should be part of the vendor evaluation process.

   • AInvite vendors to present their solutions to the evaluation committee.
   • BSelect the vendor with the highest functional fit score, regardless of cost.
   • CDevelop a weighted scoring model that reflects the relative importance of each criterion.
   • DInclude only the lowest-priced vendors in the final evaluation.
   • EDocument the rationale for the final vendor selection.
   Check answers Discussion Select an answer first
4. 8application · medium

   An enterprise is negotiating a contract with a software vendor for a new customer relationship management (CRM) system. The vendor's proposed service level agreement (SLA) guarantees 99.5% uptime but does not specify penalties for non-compliance. The IT governance leader wants to ensure the SLA is enforceable and meaningful. What should the leader do?

   • ANegotiate specific service credits or penalties for each missed uptime target.
   • BRely on the vendor's reputation and assume they will meet the SLA.
   • CAccept the SLA as proposed, since 99.5% uptime is generally acceptable.
   • DRequest a higher uptime guarantee of 99.99% without additional cost.
   Reveal Solution Discussion Select an answer first
5. 9foundation · easy

   Which procurement method is most appropriate when the enterprise has a well-defined requirement and wants to compare formal proposals from multiple vendors?

   • ARequest for proposal (RFP)
   • BSole-source acquisition
   • CRequest for quotation (RFQ)
   • DReverse auction
   Reveal Solution Discussion Select an answer first
6. 10foundation · easy

   Which mitigation strategy is most effective for reducing the risk of vendor non-performance?

   • ASelecting the lowest-cost vendor
   • BRelying solely on the vendor's reputation
   • CIncluding clear SLAs and penalties in the contract
   • DAvoiding a formal contract
   Reveal Solution Discussion Select an answer first