Governance of Enterprise IT (CGEIT) Certification Practice Exam

Which process is part of the development of IT strategy?

1. Identifying the technology budget

2. Creating new IT projects manually

3. Continuous monitoring and adjustment of IT strategies

4. Halting IT implementation every few years

The correct answer is: Continuous monitoring and adjustment of IT strategies

The continuous monitoring and adjustment of IT strategies is an essential process in the development of IT strategy because it ensures that the strategy remains aligned with the organization's goals, objectives, and the ever-changing technological landscape. IT strategy is not a one-time exercise; it requires ongoing evaluation to adapt to new challenges, opportunities, and advancements in technology. By monitoring and adjusting strategies regularly, organizations can respond effectively to emerging trends, changes in the market, and shifts in business priorities, thus maximizing the value derived from their IT investments. In contrast, identifying the technology budget is more of a financial planning process rather than an ongoing strategic development activity. Creating new IT projects manually implies a tactical approach to project management that does not necessarily involve strategic alignment or long-term planning. Halting IT implementation every few years would disrupt progress and undermine continuous improvement, making it counterproductive to effective IT strategy development.