Benefits Governance and Reporting CGEIT Practice Questions (Page 3)

Questions 11–15

1. 11application · medium

   An enterprise has completed a major IT transformation and is now in the benefits realization phase. The CIO wants to communicate the status of benefit realization to the board of directors, who are not familiar with technical details. What is the most appropriate governance reporting approach for this audience?

   • ASend the full project plan and milestone review minutes to the board for their review.
   • BProvide a detailed technical report with all KPI data and system logs.
   • CWait until the end of the fiscal year to report on benefits to avoid overwhelming the board.
   • DPresent a high-level dashboard showing benefit status against targets, with a summary of variances and key risks.
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2. 12foundation · easy

   What is the primary role of dashboards in monitoring benefit realization?

   • ATo replace the need for any formal reporting to stakeholders
   • BTo automate the realization of benefits without human intervention
   • CTo provide a visual, at-a-glance summary of benefit performance indicators
   • DTo store historical benefit data for audit purposes only
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4. 13foundation · easy

   When should a post-implementation review (PIR) typically be conducted?

   • AOnly when the project is over budget
   • BBefore the project is approved
   • CImmediately after project initiation
   • DAfter the solution has been in operation long enough for benefits to start materializing
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5. 14foundation · easy

   What is the primary purpose of governance reporting in benefit realization?

   • ATo communicate the status of benefit realization to stakeholders in a structured manner
   • BTo provide a detailed technical analysis of system performance
   • CTo document all project decisions for legal compliance
   • DTo replace the need for stakeholder engagement
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6. 15foundation · easy

   Which of the following best describes the role of governance reporting in stakeholder communication?

   • AIt serves as a marketing tool to promote the project externally
   • BIt provides a formal channel to inform stakeholders about benefit realization progress and issues
   • CIt is used exclusively by the project team for internal coordination
   • DIt is an informal, optional update that is only needed when problems arise
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