Which of the following best describes the relationship between IT resource planning and budgeting?

Budgeting determines resource needs

Budgeting is independent of resource planning

Resource planning determines the budget required to acquire and support resources

Budgeting is only concerned with operational costs

What is the primary purpose of monitoring IT resources during the operation phase?

To replace the need for incident management

To identify potential issues before they impact performance

To increase the cost of operations

To reduce the need for maintenance

Which of the following is a common method for tracking IT assets?

Using barcode labels and asset management software

Using financial spreadsheets only

Keeping a paper list in a locked drawer

Relying on employees' memory of what they use

What does total cost of ownership (TCO) include?

Only the initial purchase price

All costs associated with an asset over its entire lifecycle

A company is evaluating whether to continue maintaining an aging on-premises system or migrate to a cloud service. The system is critical, but the maintenance costs are rising. The CFO wants a decision that minimizes long-term costs while ensuring reliability. What should the IT governance team do?

Outsource the maintenance to a third-party vendor to reduce costs.

Migrate immediately to the cloud to reduce maintenance costs.

Continue maintaining the system because it is already paid for.

Compare the TCO of maintaining the system versus migrating, including downtime risks and migration costs.

Certified in the Governance of Enterprise IT

Domain 2Objective 4

IT Resource Lifecycle and Asset Management CGEIT Practice Questions (Page 7)

Part of the IT Resources domain, which accounts for 15% of the CGEIT exam.

39questions here

8free pages

10concepts

15%of the exam

Questions 31–35

31foundation · easy
Which of the following best describes the relationship between IT resource planning and budgeting?
Select an answer first
32foundation · easy
What is the primary purpose of monitoring IT resources during the operation phase?
Select an answer first
33foundation · easy
Which of the following is a common method for tracking IT assets?
Select an answer first
34foundation · easy
What does total cost of ownership (TCO) include?
Select an answer first
35expert · hard
A company is evaluating whether to continue maintaining an aging on-premises system or migrate to a cloud service. The system is critical, but the maintenance costs are rising. The CFO wants a decision that minimizes long-term costs while ensuring reliability. What should the IT governance team do?
Select an answer first

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