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An enterprise is evaluating a Software-as-a-Service (SaaS) solution to support a core business process. There is no outsourcing governance or vendor management in place. The CEO's FIRST course of action should be to:

  1. establish a contract with the SaaS solution provider.
  2. instruct management to use the standard procurement process.
  3. ensure the service level agreements (SLAs) for service providers are defined.
  4. ensure the roles and responsibilities to manage service providers are defined.

Answer(s): B



Which of the following would BEST help to ensure timely reporting on risk events and responses to appropriate levels of management?

  1. Corporate directory
  2. Key personnel interviews
  3. Emergency response team
  4. Escalation procedures

Answer(s): A


Reference:

https://books.google.com.pk/books?id=k_hgAwAAQBAJ&pg=PA43&lpg=PA43&dq=cobit+help+to
+ensure+timely+reporting+on+risk+events+and+responses+to+appropriate+levels+of+management&source=bl&ots=f2MF7tvMQB&sig=ACfU3U1F_qwMA3wQlZ2tpcb8bvzR3eUTyw&hl=en&sa=X&ved=2ahUKEwj4kajJq_zpAhUrDWMBHQu2BWoQ6AEwB3oECAoQAQ#v=onepage&q=cobit%20help%20to%20ensure%20timely%20reporting%20on%20risk%20events%20and%20responses%20to%20appropriate%20levels%20of%20management&f=false



When developing an IT governance framework, it is MOST important for an enterprise to consider:

  1. stakeholders' support.
  2. information technology risk.
  3. framework development cost.
  4. information technology strategy.

Answer(s): A



Which of the following would be MOST useful for prioritizing IT improvement initiatives to achieve desired business outcomes?

  1. Portfolio management
  2. Budget variance analysis
  3. IT skills matrix
  4. Enterprise architecture (EA)

Answer(s): A






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