Benefits Governance and Reporting CGEIT Practice Questions (Page 5)

Questions 21–25

1. 21foundation · easy

   What is the purpose of setting evaluation criteria before applying a benefit evaluation method?

   • ATo satisfy external auditors without influencing decision-making
   • BTo ensure that all benefits are evaluated using the same financial metric
   • CTo establish clear, measurable standards against which benefit realization can be assessed
   • DTo eliminate the need for any ongoing monitoring after implementation
   Reveal Solution Discussion Select an answer first
2. 22foundation · easy

   Which activity best exemplifies governance monitoring in benefit realization?

   • AConducting a one-time stakeholder satisfaction survey after project closure
   • BDefining the expected benefits in the business case
   • CReviewing monthly KPI reports to compare actual benefit performance with planned targets
   • DApproving the project charter
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4. 23foundation · easy

   Which of the following is a typical component of a benefit realization report?

   • ACurrent status of benefits compared to planned targets
   • BThe personal performance reviews of individual employees
   • CThe complete source code of the implemented system
   • DA detailed list of all project team members
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5. 24application · medium

   A logistics company has implemented a new route optimization system. The expected benefit is a 12% reduction in fuel costs. After six months, the company sees only a 5% reduction. The governance board wants to understand why the benefit is not fully realized. What should the company do?

   • AAbandon the system and revert to the previous routing process.
   • BAdjust the benefit target to 5% to match actual performance.
   • CIncrease the frequency of governance reports to weekly to monitor progress more closely.
   • DConduct a post-implementation review to identify factors affecting benefit realization, such as driver adoption and route data quality.
   Reveal Solution Discussion Select an answer first
6. 25expert · hard

   A multinational corporation has implemented a new HR system. The expected benefit is a 25% reduction in employee onboarding time. The company has operations in 20 countries, each with different regulatory requirements. The program office wants to establish a reporting structure that ensures compliance with local regulations while providing a consolidated view to the global executive committee. What is the most appropriate reporting structure?

   • AQuarterly reports only, to reduce the reporting burden on local offices.
   • BLocal reports prepared by each country to meet regulatory requirements, with a global summary for the executive committee.
   • CA single global report that aggregates data from all countries, issued monthly.
   • DA real-time dashboard accessible to all employees, showing global and local metrics.
   Reveal Solution Discussion Select an answer first